https://www.taxtmi.com/caselaws?id=799390 Credit-note values reversing supplies must be deducted from outward taxable turnover when calculating an inverted-duty refund under the statutory refund formula. The circular-based exclusion for identical input and output supplies does not apply where no output-rate reduction occurred and higher-taxed chemicals, dyes and consumables were used to process fabric; the refund claim remains governed by the statutory formula. Consequential re-computation by the original authority, after eligibility and parameters are conclusively determined, is a ministerial exercise and not a prohibited remand because it does not reopen merits or permit fresh adjudication. en-us Fri, 18 Sep 2026 00:00:00 +0530 Mon, 21 Sep 2026 08:57:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799390 Credit-note values reversing supplies must be deducted from outward taxable turnover when calculating an inverted-duty refund under the statutory refund formula. The circular-based exclusion for identical input and output supplies does not apply where no output-rate reduction occurred and higher-taxed chemicals, dyes and consumables were used to process fabric; the refund claim remains governed by the statutory formula. Consequential re-computation by the original authority, after eligibility and parameters are conclusively determined, is a ministerial exercise and not a prohibited remand because it does not reopen merits or permit fresh adjudication. Case-Laws GST Fri, 18 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799390