GST Refund_Inverted Duty Refund

[umeshkumar jhawar]

Taxpayer is manufacturer purchased Raw material at 18%.

Sale includes both Domestic sales and Export with Payment of duty at 5%.

We have received refund from custom on account of Export with payment of duty. Now while going for Inverted duty refund, whether Inverted Sale Turnover includes Export with payment of duty which is at 5%.

AI Summary

Inverted duty refund under GST and whether export turnover with payment of duty counts in the refund calculation. Inverted duty refund under GST raises the question whether export turnover made with payment of duty at 5% can be included in the calculation of inverted sale turnover. The issue arises for a manufacturer purchasing raw material at 18%, making both domestic sales and exports with payment of duty, and having already received customs refund for export with payment of duty. The text is a query-only discussion and does not state any conclusion.