https://www.taxtmi.com/forum/issue?id=117931 A supplier who sells to a merchant exporter at a concessional rate may claim refund on account of inverted duty structure because such supplies are not nil or fully exempt and can create unutilised input tax credit; official guidance notes the concessional rate is optional, exporters may take credit of the concessional tax, and exports under this scheme must proceed under bond or LUT rather than by paying integrated tax. Views differ on how the merchant exporter should seek refunds. en-us Mon, 25 Apr 2022 08:51:05 +0530 Thu, 23 Jan 2025 15:54:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117931 A supplier who sells to a merchant exporter at a concessional rate may claim refund on account of inverted duty structure because such supplies are not nil or fully exempt and can create unutilised input tax credit; official guidance notes the concessional rate is optional, exporters may take credit of the concessional tax, and exports under this scheme must proceed under bond or LUT rather than by paying integrated tax. Views differ on how the merchant exporter should seek refunds. Discussion-Forum GST Mon, 25 Apr 2022 08:51:05 +0530 https://www.taxtmi.com/forum/issue?id=117931