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of <h1>Andhra Pradesh Clarifies ITC Refunds Under Inverted Duty Structure; Refunds Allowed if Output Tax Rate Lower Than Inputs.</h1> The Andhra Pradesh Commercial Taxes Department issued a clarification regarding the refund of accumulated input tax credit (ITC) under the inverted duty structure when goods are supplied under a concessional notification. The circular specifies that refunds are generally not admissible when input and output supplies are the same. However, it allows refunds in cases where the tax rate on output supplies is lower than on inputs due to concessional notifications, provided other conditions are met. This clarification aims to ensure uniform application of the law, and relevant trade notices should be issued to inform stakeholders.
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