banner_ad

Concessional rate sales and refund of unutilized itc

116 views 1 replies
Assessee suppliying material at concessional GST rate vide notification no 47/2017 (igst rate),to DSIR recognized research Institutes,we would like to be guided,if same is covered under inverted duty and assessee is eligible for refund unutilized itc.
Replies (1)

Yes it is covered under inverted duty structure and you can claim refund of excess ITC. 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details