https://www.taxtmi.com/forum/issue?id=113254 Refund of accumulated input tax credit is permitted for an inverted duty structure-where input tax rates exceed output rates-subject to refund procedure and exclusions. Refunds are available for zero-rated supplies and credit accumulation from higher input rates, but are barred where exported goods attract export duty, where the supplier claims refund of output tax under IGST, where drawback or IGST refund is claimed, or where a notification expressly excludes particular goods. en-us Wed, 27 Dec 2017 19:29:19 +0530 Thu, 23 Jan 2025 15:55:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113254 Refund of accumulated input tax credit is permitted for an inverted duty structure-where input tax rates exceed output rates-subject to refund procedure and exclusions. Refunds are available for zero-rated supplies and credit accumulation from higher input rates, but are barred where exported goods attract export duty, where the supplier claims refund of output tax under IGST, where drawback or IGST refund is claimed, or where a notification expressly excludes particular goods. Discussion-Forum GST Wed, 27 Dec 2017 19:29:19 +0530 https://www.taxtmi.com/forum/issue?id=113254