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Regarding inverted duty structure calculation
Our CGST/SGST output tax rate is 12% & 18% and Input at various rate i.e. 5% ,12%,18%,28% CGST/SGST/IGST & Import also.then how will calculate inverted duty structure..Pls guide.
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If u are askng for the purpose of taking refund of ITC, then u can only take refund of purchases @ 28%. All other purchases can be utilized against output liability
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