Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Himachal Pradesh clarifies refund eligibility for accumulated ITC under inverted duty structure with concessional notifications. Effective July 6, 2022.</h1> The circular from the Himachal Pradesh Department of State Taxes and Excise clarifies the issue of claiming refunds under the inverted duty structure when goods are supplied under a concessional notification. It states that refunds of accumulated input tax credit (ITC) are allowed when the tax rate on output supplies is lower than on inputs due to concessional notifications, provided other conditions are met. This clarification modifies the previous guidance, allowing refunds unless the output supply is nil-rated, fully exempt, or specifically excluded by the government. The circular is effective from July 6, 2022.
TaxTMI 
TaxTMI 
