GST refund under inverted duty structure

Respected Sir,

          We make 100% of our sales to merchant exporters @ 0.10%. We had purchased 11000000 in July-2022 and sold 6000000 in the same month to merchant exporter @ 0.10%. Now we want to claim refund under inverted duty structure. i think we can claim refund only for the amount sold. Now my question is the refund of the remaining credit will be claim when we sell @ 0.10% or it will remain in credit ledger.  Because in statement-1, in net ITC column shown the credit of the same time period which we select, not earlier credit shown in this column. If we can claim refund, please let me know how the refund can be claimed.

Thanking you
Replies (1)
Leaving the details in your inbox.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details
Company
30 October 2026
Asst Manager Accounts

Goodwin Pumps India Pvt Ltd

Chengalpattu

CA Inter

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details