Refund can be calimed in inverted Duty structure when tax paid on out put is lesser than tax paid on inputs then why can't we claim with respect to Composition dealer 🤔
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Quick Summary
This discussion clarifies the rules around claiming refunds under an inverted duty structure, specifically for composition dealers. While refunds are generally possible when output tax is less than input tax, composition dealers face limitations. This is because they cannot claim input tax credit on their purchases, as they do not issue tax invoices for their sales of taxable goods.
I think you can't calim refund of inverted Duty structure because composition dealer is not claim Input on purchase of goods and any other goods Becauae he is not issue Tax invoice and not sale of taxable goods.