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Purchase GST tax more than sales GST tax


Hitesh rawal   28 January 2020

Hitesh rawal

 16 likes  353 points

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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.

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Roshni (Studwnt)     28 January 2020

Roshni
Studwnt 
 76 likes  1136 points

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As this comes under inverted rate structure...refund of the same can be claimed

avater

Chandu Chowdary   28 January 2020

Chandu Chowdary

 3 likes  58 points

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It will come under Inverted Duty Structure we can claim Refund of unused ITC.

avater

Pankaj Rawat (GST Practitioner)     28 January 2020

Pankaj Rawat
GST Practitioner 
 3523 likes  47718 points

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Can plz specify the Product you are dealing .........

Hitesh rawal   28 January 2020

Hitesh rawal

 16 likes  353 points

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Oil as conrtainer is 5% loose and after packing becomes 18%


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