Gst refund(inverted duty structure)

This discussion clarifies GST refunds for inverted duty structures. It addresses whether the service portion of a business's turnover is considered when calculating eligibility for a refund, particularly when inputs are taxed at 12% and outputs at 5%. The advice provided indicates that the supply of services, excluding exempt ones, is indeed included in the turnover calculation for this purpose, as per Notification No. 39/2018-CT.