CIRCULARS

S.No. Circular No. Subject

5

Circular No.56/30/2018-GST, dt.24.08.2018 Clarification regarding removal of restriction of refund of accumulated ITC on fabrics.

4

Circular No. 94/13/2019-GST dt. 28.03.2019 [Para i, ii,iii] Seeks to clarify certain refund related issues under GST

3

Circular No. 173/05/2022-GST dt. 06.07.2022 Clarification on issue of claiming refund under inverted duty structure where the supplier is supplying goods under some concessional notification.

2

Circular No. 181/13/2022-GST dt. 10.11.2022 Clarification on refund related issues

1

Circular No. 172/04/2022-GST dt. 06.07.2022 [Para 2 (2)] Clarification on various issue pertaining to GST

Community Insights

Topics Publish Date

Concept of Inverted Duty Structure

Under GST law there are different types of GST rates like 5%, 12%, 18% & 28% etc. The applicable rate of tax on specific goods would depend upon the description of the goods/products. Similarly there are different rates of tax which are applicable of services depending upon the services. Since there are different type of rates, hence sometime the situation arises where the rate of tax on purchases of inputs are higher than the applicable........... Read More

25.07.2024