Dear Experts,
Can we claim a refund of input services under an inverted duty structure?
Thanks in advance.
yes. Input on capital goods, services and other non manufacturing expenses will not be eligible for the computation of refund under inverted tax structure. Further ITC on edible oil is also ineligible for refund under inverted tax structure wef 18/07/2022. So you have to keep in mind the eligible ITC while computing refunds.
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