Refund of ITC under Inverted Duty structure
This query is : Resolved
santhosh natarajan
(Querist)
09 April 2024
Assessee is a Exporter of Textile Products
The only Domestic Outward Service is Job work (2.5% + 2.5%)
There are some expenses with GST more than 5% , but not relating to Job work.
Whether ITC on those expenses can be claimed as Refund of ITC under Inverted Duty structure?
The only Domestic Outward Service is Job work (2.5% + 2.5%)
There are some expenses with GST more than 5% , but not relating to Job work.
Whether ITC on those expenses can be claimed as Refund of ITC under Inverted Duty structure?
CA L Gopal Shah
(Expert)
09 April 2024
You can claim refund of ITC paid on the purchase of goods and services on the export of textile products , claim refund as an exporter not under an Inverted duty structure
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