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inverted duty refund on cloth, Goods and Services Tax - GST |
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inverted duty refund on cloth |
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Sir Is their any change in calculation of inverted duty refund on sale of cloth. Service and capital goods ITC is to be deducted as before. Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
Yes there is a change in the calculation of refund in case of inverted duty structure.
Kindly refer to changes made in rule 89 (5) w.e.f. 18.07.2022 vide clause 8 (d) of NOTIFICATION NO. 14/2022–Central Tax dated 05.07.2022. These are ex facie views of mine and the same should not be construed as professional advice / suggestion. Page: 1 Old Query - New Comments are closed. |
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