banner_ad

Refund calculation under inverted duty structure

Others 540 views 1 replies
Tax payer importing fertiliser (taxed @ 5%) and made branch transfer to out of state by packing it in packing material(taxed @ 18%). Final product that is fertliser packed in packing material is taxed at 5%. In this scenario, whether the tax payer can be eligible for refund under inverted duty structure. If eligible what is procedure for calculation for exact refund.
Replies (1)
No refund can be paid on imported goods and BCD IS PAID ON SUCH GOODS
you can claim refund of inputs that are use to make final product i.e.18%
formula is given in rule 89


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details