Inverted duty structure refunds admissible where concessional notifications cause lower output tax rates than input tax rates. Refund under the inverted duty structure is admissible where input tax credit accumulates because the rate on outward supplies is lower than on inputs at the same time due to supplies made under a concessional notification providing a lower rate for specified goods, except where output is nil-rated or fully exempted or specifically excluded by government notification.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Inverted duty structure refunds admissible where concessional notifications cause lower output tax rates than input tax rates.
Refund under the inverted duty structure is admissible where input tax credit accumulates because the rate on outward supplies is lower than on inputs at the same time due to supplies made under a concessional notification providing a lower rate for specified goods, except where output is nil-rated or fully exempted or specifically excluded by government notification.
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