https://www.taxtmi.com/article/detailed?id=10965 Domestic supplies of finished goods that attract a nil rate of compensation cess are to be treated as exempt supplies under the CGST definition applied mutatis mutandis to the Cess Act, and must be excluded from the adjusted total turnover under the refund formula in the CGST Rules when computing refund of unutilized compensation cess input tax credit for zero-rated supplies. en-us Tue, 10 Jan 2023 09:29:06 +0530 Tue, 10 Jan 2023 09:29:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10965 Domestic supplies of finished goods that attract a nil rate of compensation cess are to be treated as exempt supplies under the CGST definition applied mutatis mutandis to the Cess Act, and must be excluded from the adjusted total turnover under the refund formula in the CGST Rules when computing refund of unutilized compensation cess input tax credit for zero-rated supplies. Articles Goods and Services Tax - GST Tue, 10 Jan 2023 09:29:06 +0530 https://www.taxtmi.com/article/detailed?id=10965