https://www.taxtmi.com/forum/issue?id=114447 Refund claims for accumulation of input tax credit due to an inverted tax structure are available where input tax rates exceed output tax rates on taxable supplies; such refunds are limited to ITC on goods and exclude ITC on input services and capital goods. A retrospective amendment to the refund rule confirms that refund coverage applies only to ITC on goods. Claims must be filed through the prescribed procedure with the jurisdictional office using the electronic credit ledger. en-us Tue, 01 Jan 2019 20:57:36 +0530 Thu, 23 Jan 2025 15:55:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114447 Refund claims for accumulation of input tax credit due to an inverted tax structure are available where input tax rates exceed output tax rates on taxable supplies; such refunds are limited to ITC on goods and exclude ITC on input services and capital goods. A retrospective amendment to the refund rule confirms that refund coverage applies only to ITC on goods. Claims must be filed through the prescribed procedure with the jurisdictional office using the electronic credit ledger. Discussion-Forum GST Tue, 01 Jan 2019 20:57:36 +0530 https://www.taxtmi.com/forum/issue?id=114447