TaxTMI 
TaxTMI 
GST Refund_Inverted Duty Refund
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....ST Refund_Inverted Duty Refund <br> Query (Issue) Started By: - umeshkumar jhawar Dated:- 31-3-2026 Goods and Services Tax - GST <br> Got 6 Replies <br> GST<br> <br> Taxpayer is manufacturer purchased Raw material at 18%. Sale includes both Domestic sales and Export with Payment of duty at 5%. We have received refund from custom on account of Export with payment of duty. Now while going for Invert....
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....ed duty refund, whether Inverted Sale Turnover includes Export with payment of duty which is at 5%. --Reply By: Pinnacle Tax Advisor The Reply: Because Export turnover was also charged GST at lower rate as compared to your inward, it will be included in turnover of inverted duty supply --Reply By: Shilpi Jain The Reply: The export turnover will also be part of the turnover for the IDS refund....
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.... calculations. --- Sub-Reply By: umeshkumar jhawar The Sub-Reply: Dear Madam Thank you for reply. That means I can claim the refund on Export Turnover i.e. at Export with Payment of IGST @ 5% in IDS refund. --Reply By: Raam Srinivasan Swaminathan Kalpathi The Reply: Dear Querist Foremost, kindly use the appropriate words. You have exported not with payment of DUTY but with payment of IGST an....
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....d refund has got automatically credited to your account upon correct upload of port code, SB No. and SB date. Correct? Secondly, whether it is exports or domestic, refund on account of inverted duty structure (IDS) is eligible on the turnover effected which pertains to the IDS. --- Sub-Reply By: umeshkumar jhawar The Sub-Reply: Dear Sir Thank you for immediate reply to our Query. 1. We have exp....
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....orted goods with payment of IGST and same is credited by Custom after filing GSTR-1 and GSTR-3B as per amount mentioned in GSTR-1 under Export with Payment of IGST details. 2. Second query, I wished to address with following example. During march 2025 Total sales was Rs 10,00,00,000/- out of which Domestic Sales @ 5% is Rs. 3,00,00,000/- and Export Sales with Payment of IGST @ 5% Rs, 7,00,00,000/-....
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..... Raw Material purchased is @ 18% Tax Rate. My Question is while applying for Inverted Duty Structure (IDS) refund, in Tunover for Inverted duty refund i.e. lower output sales whether both (Domestic Sales Rs. 3,00,00,000/- and Export Sales with Payment of IGST Rs. 7,00,00,000/- will included or not. --Reply By: Suresh Yadav The Reply: As per proviso Section 54(3) of CGST Act, 2017 Provided also....
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.... that no refund of input tax credit shall be allowed, if the supplier of goods or services or both avails of drawback in respect of central tax or claims refund of the integrated tax paid on such supplies. For IDS refund calculations -Turnover for Inverted duty refund will be 3 Cr only. <br>***<br> Discussion Forum - Knowledge Sharing....