https://www.taxtmi.com/forum/issue?id=113334 Accumulation of input tax credit when inward tax rates exceed outward rates creates entitlement to refund; exporters paying IGST and suppliers affected by an inverted duty structure may claim refund of excess ITC. Refunds are admissible under the GST refund framework and must be pursued through the prescribed refund mechanism, including manual filing and processing as detailed in the relevant administrative circular. en-us Mon, 22 Jan 2018 17:07:30 +0530 Thu, 23 Jan 2025 15:55:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113334 Accumulation of input tax credit when inward tax rates exceed outward rates creates entitlement to refund; exporters paying IGST and suppliers affected by an inverted duty structure may claim refund of excess ITC. Refunds are admissible under the GST refund framework and must be pursued through the prescribed refund mechanism, including manual filing and processing as detailed in the relevant administrative circular. Discussion-Forum GST Mon, 22 Jan 2018 17:07:30 +0530 https://www.taxtmi.com/forum/issue?id=113334