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Purchase GST tax more than sales GST tax
What in case if purchase is of 18% and later by some packaging changes its been sold with 5% in this case what to do as GST credit goes on increasing can we claim refund or whats the thing we can do to utilise the unused ITC credit.
Replies (4)
As this comes under inverted rate structure...refund of the same can be claimed
It will come under Inverted Duty Structure we can claim Refund of unused ITC.
Can plz specify the Product you are dealing .........
Oil as conrtainer is 5% loose and after packing becomes 18%
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