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TMI BlogRefund under Inverted Duty StructureX X X X Extracts X X X X X X X X Extracts X X X X ..... Refund under Inverted Duty Structure X X X X Extracts X X X X X X X X Extracts X X X X ..... rmaceutical company wherein tax rate on outward supply is 12%. Also we manufacture on job work basis where outward tax rate is 18% . Nd input tax rate is 18%. So whether i am eligible for inverted dut ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y structure refund?? Reply By CSSANJAY MALHOTRA: The Reply: Yes, you are eligible for Inverted structure refund but limited to your turnover from pharma clearances and not in respect of job work rev ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... enue. Inverted structure refund is available where duty on Input is more than Duty on finished product. Reply By YAGAY and SUN: The Reply: Refund on Inverted Duty Structure is allowed. Reply By ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Riya Jain: The Reply: Sir In Gst refund form of inverted duty structure , it asks for turnover of inverted supply of goods, in that will only be 12percent will be taken or 12% and 18‰ both tu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rnover. Also if only 12% turnover is to be taken, then it becomes contradictory with gst usermanual where it says u have to input the sales as mentioned in column 3(1) (a) of gstrb . So what do in suc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... h case please suggest. X X X X Extracts X X X X X X X X Extracts X X X X
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