Refund of ITC under Inverted Duty structure
This query is : Resolved
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?
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
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- Taxable or Tax exempt
- ADVANCE PAYMENT OF ADVOCATE
- TDS Deducted AY-2013-14 Not Reflected in 26as
- NRI starting business in India
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Invertaded duty struture
- UNWANTED CREDIT BALANCE OF GST AS PER BOOKS
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
