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of <h1>Rajasthan clarifies refunds on accumulated ITC under inverted duty structure for goods supplied at concessional rates.</h1> The Government of Rajasthan's Commercial Tax Department issued a clarification regarding refunds under the inverted duty structure when goods are supplied under a concessional notification. The circular addresses confusion from a previous circular (No. 05/2020-GST) by clarifying 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, provided other conditions are met. This applies unless the output supply is nil-rated or fully exempt, or if the government has excluded such supplies from refund eligibility. The circular aims to ensure uniform application of these provisions.
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