Unutilised Itc

CBEC-20/23/03/2020-GST Government of India Ministry of ...

4.2 Sub-rule (4) of Rule 89 prescribes the formula for computing the refund of unutilised ITC payable on account of zero-rated supplies made without payment of tax. The formula prescribed under Rule 89 (4) is reproduced below, as under:

  Unutilised, Unutilised itc