Invertted duty struture
This query is : Resolved
jaigurudev
(Querist)
27 January 2026
Dear sir,i have sales of 122994483@5% and i have purchase of 110000000@5% and packing material@18% is 9100000.can i claim for refund under inverted duty strutrure i have total accumulated itc of 39 lac
28 January 2026
You can definitely file for a refund, but your "Total Accumulated ITC of 39 Lakh" likely includes ITC from services or capital goods which the formula will filter out. Your actual refund will be the surplus tax specifically created by the 18% packing material after it is proportionally reduced by the tax you owe on your sales.
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