https://www.taxtmi.com/forum/issue?id=119481 Refund of unutilised input tax credit is claimable where inputs are taxed at a higher rate than outputs under the inverted duty mechanism, by filing an electronic application in Form GST RFD-01 on the portal, subject to statutory exceptions and notifications that exclude certain supplies. Administrative denial based on trader status or low margins is not a standalone bar. However, credit attributable to input services is excluded from the statutory definition of input and therefore not eligible for inverted-duty refund. en-us Mon, 23 Dec 2024 18:38:53 +0530 Thu, 23 Jan 2025 14:20:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119481 Refund of unutilised input tax credit is claimable where inputs are taxed at a higher rate than outputs under the inverted duty mechanism, by filing an electronic application in Form GST RFD-01 on the portal, subject to statutory exceptions and notifications that exclude certain supplies. Administrative denial based on trader status or low margins is not a standalone bar. However, credit attributable to input services is excluded from the statutory definition of input and therefore not eligible for inverted-duty refund. Discussion-Forum GST Mon, 23 Dec 2024 18:38:53 +0530 https://www.taxtmi.com/forum/issue?id=119481