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TMI BlogGST Refund under Inverted Duty StructureX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear experts, One of my client is in the business of solar power plant. They are procuring raw materials such as solar panel, solar cell, structure etc. from vendors and assembles on project site. Aft ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er completing solar power plant, they sold it to their customers as it is. Raw materials was purchased at 18/28%, however, sale of power plant at 5% earlier and currently 12%. Can we take refund of un ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... utilised itc accumulated on account of inverted duty structure? Further, such ITC accumulated during the year 17-18 18-19. Can we file gst refund now for the said period anyhow? Thankyou - Reply By Sh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ilpi Jain - The Reply = Refund under inverted duty structure eligible. However, time limit for filing refund would be 2 years from the due date for furnishing of GSTR-3B for the period for which refun ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d is being claimed. By this time the time limit would have expired. - Reply By Kapil Gupta - The Reply = Hi ma'am, Thank you for your reply, please let me know the case is eligible or not for gst ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... refund if such ITC pertains to 2023-24. - GST Refund under Inverted Duty Structure - Query Started By: - Kapil Gupta Dated:- 31-8-2024 Last Replied Date:- 4-9-2024 Goods and Services Tax - GST - Got ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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