What is inverted duty structure
Radhakrishnan (Accounts Officer) (122 Points)
22 April 2021
what is the concept of refund under inverted duty structure scheme
Radhakrishnan (Accounts Officer) (122 Points)
22 April 2021
prasad Nilugal
(3914 Points)
Replied 22 April 2021
Inverted duty structure means Input Tax Credit is accumulated on account of , higher rate of Tax on Inward supply (purchase) than Outward Supply (Sales ) i,e Purchase of Goods 18% , Sales for 12% .
CA. Sourav Sarkar
(Chartered Accountant )
(24578 Points)
Replied 22 April 2021
Radhakrishnan
(Accounts Officer)
(122 Points)
Replied 23 April 2021
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