Refund Application of Accumulated ITC on Account of Sales Made to Exporter@ 0.10%

Refund Application of Accumulated ITC on Account of Sales Made to Exporter@ 0.10% https://www.taxtmi.com/forum/issue?id=120839 Refund of accumulated input tax credit is available where goods are purchased at 18% GST and supplied to exporters at the concessional rate of 0.1%, creating an inverted duty structure. Such refund claims may be made under section 54(3) of the CGST Act, subject to Rule 89(5), the procedural framework in CBIC Circular No. 125/44/2019-GST, and the restriction that goods notified under the relevant rate notification are excluded. en-us Thu, 26 Mar 2026 09:13:53 +0530 Wed, 01 Apr 2026 08:05:40 +0530 TaxTMI RSS Generator Refund Application of Accumulated ITC on Account of Sales Made to Exporter@ 0.10% https://www.taxtmi.com/forum/issue?id=120839 Refund of accumulated input tax credit is available where goods are purchased at 18% GST and supplied to exporters at the concessional rate of 0.1%, creating an inverted duty structure. Such refund claims may be made under section 54(3) of the CGST Act, subject to Rule 89(5), the procedural framework in CBIC Circular No. 125/44/2019-GST, and the restriction that goods notified under the relevant rate notification are excluded. Discussion-Forum GST Thu, 26 Mar 2026 09:13:53 +0530 https://www.taxtmi.com/forum/issue?id=120839