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=66543 Refund of accumulated ITC under the inverted duty structure is allowed when accumulation results from the rate on outward supplies being lower than the rate on inputs for the same goods at the same time because the supplier makes supply under a concessional notification, subject to other conditions and excluding cases where the output is Nil rated, fully exempt, or specifically excluded by government notification. en-us Thu, 14 Jul 2022 00:00:00 +0530 Mon, 03 Jul 2023 18:22:00 +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=66543 Refund of accumulated ITC under the inverted duty structure is allowed when accumulation results from the rate on outward supplies being lower than the rate on inputs for the same goods at the same time because the supplier makes supply under a concessional notification, subject to other conditions and excluding cases where the output is Nil rated, fully exempt, or specifically excluded by government notification. Circulars GST - States Thu, 14 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66543