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=65778 Refund of accumulated input tax credit is admissible where accumulation arises because the rate of tax on outward supplies is less than the rate on inputs at the same point in time due to supply under a concessional notification; refunds are not admissible for nil rated or fully exempt outputs or where supplies are specifically excluded by Government notification. en-us Tue, 26 Jul 2022 00:00:00 +0530 Mon, 01 Aug 2022 16:51:00 +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=65778 Refund of accumulated input tax credit is admissible where accumulation arises because the rate of tax on outward supplies is less than the rate on inputs at the same point in time due to supply under a concessional notification; refunds are not admissible for nil rated or fully exempt outputs or where supplies are specifically excluded by Government notification. Circulars GST - States Tue, 26 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=65778