Clarification on issue of claiming refund under inverted duty structure where the supplier is supplying goods under some concessional notification

Clarification on issue of claiming refund under inverted duty structure where the supplier is supplying goods under some concessional notification https://www.taxtmi.com/circulars?id=65754 Refund of accumulated input tax credit is available where accumulation arises because the rate of tax on outward supplies is lower than the rate on inputs at the same time due to supply of goods under a government concessional notification; refunds are not available for nil rated or fully exempt outputs and for supplies specifically excluded by government notification, and remain subject to other statutory and procedural conditions for inverted duty refunds. en-us Fri, 22 Jul 2022 00:00:00 +0530 Mon, 25 Jul 2022 16:00:00 +0530 TaxTMI RSS Generator Clarification on issue of claiming refund under inverted duty structure where the supplier is supplying goods under some concessional notification https://www.taxtmi.com/circulars?id=65754 Refund of accumulated input tax credit is available where accumulation arises because the rate of tax on outward supplies is lower than the rate on inputs at the same time due to supply of goods under a government concessional notification; refunds are not available for nil rated or fully exempt outputs and for supplies specifically excluded by government notification, and remain subject to other statutory and procedural conditions for inverted duty refunds. Circulars GST - States Fri, 22 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=65754