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of <h1>Sikkim Clarifies Refund Eligibility for Inverted Duty Structure Under Concessional Notification; Ensures Uniform GST Application.</h1> The circular issued by the Government of Sikkim provides clarification on the refund eligibility under the inverted duty structure when goods are supplied under a concessional notification. It addresses concerns regarding the applicability of a previous circular, stating that refunds of accumulated input tax credit (ITC) are permissible when the tax rate on inputs is higher than on outputs due to concessional rates, except when outputs are nil-rated or fully exempt. This clarification ensures uniformity in applying the provisions of the Sikkim Goods and Services Tax Act, particularly in cases where input and output goods are the same but taxed differently due to concessional notifications.
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