can I get refund of jobwork due to inverted rated structure . if yes should I get refund of service which I used for jobwork.
Replies (2)
Quick Summary
This discussion clarifies whether jobwork services are eligible for a refund under an inverted rate structure. The consensus is yes, especially with the revised formula for Input Duty Drawback (IDS) refunds as per Notification 14/22 CT, which now includes input services in NET ITC. The key point is confirming eligibility for the inverted structure refund specifically for jobwork.