https://www.taxtmi.com/forum/issue?id=118559 Whether credit under the reverse charge mechanism on inward supplies is includible in the Rule 89 inverted-duty refund formula turns on the formula's components: RCM-paid ITC on inputs may be included in "ITC availed on inputs and input services," and Net ITC should be understood as ITC attributable to inputs (including RCM on inputs). Refundability of ITC attributable to services remains constrained and generally not available under the inverted duty refund framework. en-us Thu, 01 Jun 2023 18:46:41 +0530 Thu, 23 Jan 2025 15:54:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118559 Whether credit under the reverse charge mechanism on inward supplies is includible in the Rule 89 inverted-duty refund formula turns on the formula's components: RCM-paid ITC on inputs may be included in "ITC availed on inputs and input services," and Net ITC should be understood as ITC attributable to inputs (including RCM on inputs). Refundability of ITC attributable to services remains constrained and generally not available under the inverted duty refund framework. Discussion-Forum GST Thu, 01 Jun 2023 18:46:41 +0530 https://www.taxtmi.com/forum/issue?id=118559