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=65862 Refund under the inverted duty structure is admissible where input tax credit accumulates because the rate on outward supplies is lower than on inputs at the same time due to supplies made under a concessional notification providing a lower rate for specified goods, except where output is nil-rated or fully exempted or specifically excluded by government notification. en-us Mon, 05 Sep 2022 00:00:00 +0530 Thu, 15 Sep 2022 17:04:00 +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=65862 Refund under the inverted duty structure is admissible where input tax credit accumulates because the rate on outward supplies is lower than on inputs at the same time due to supplies made under a concessional notification providing a lower rate for specified goods, except where output is nil-rated or fully exempted or specifically excluded by government notification. Circulars GST - States Mon, 05 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=65862