https://www.taxtmi.com/article/detailed?id=17489 Inverted-duty GST refund eligibility under Section 54(3)(ii) depends on whether unutilised input tax credit arises because eligible inputs bear higher tax rates than outward supplies. Higher-taxed chemicals, dyes, reagents and consumables used in processing lower-taxed fabric must be considered; a common HSN classification or the status of an input as non-principal does not negate rate inversion. Circular No. 135/05/2020-GST concerns identical goods sold at lower rates after a rate reduction, not multi-input processing. Once appellate eligibility is finally decided, verification and calculation under Rule 89(5) are consequential, not a remand. en-us Wed, 30 Sep 2026 10:27:30 +0530 Wed, 30 Sep 2026 10:27:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=17489 Inverted-duty GST refund eligibility under Section 54(3)(ii) depends on whether unutilised input tax credit arises because eligible inputs bear higher tax rates than outward supplies. Higher-taxed chemicals, dyes, reagents and consumables used in processing lower-taxed fabric must be considered; a common HSN classification or the status of an input as non-principal does not negate rate inversion. Circular No. 135/05/2020-GST concerns identical goods sold at lower rates after a rate reduction, not multi-input processing. Once appellate eligibility is finally decided, verification and calculation under Rule 89(5) are consequential, not a remand. Articles Goods and Services Tax - GST Wed, 30 Sep 2026 10:27:30 +0530 https://www.taxtmi.com/article/detailed?id=17489