Can any one pls explain what is inverted duty structure
CA Sai SwaroopDec 8, 2018 · Edited: Dec 8, 2018hello,The term Inverted duty structure uses, when input being more than output liability due to difference in GST rate on purchase and sales. For more detaiils pls click the below linkhttps://www.taxflora.com/blog/refund-of-unutilised-input-tax-credit-itc-inverted-duty-tax-structure
Murali KrishnaOct 24, 2018TDS receivable on advances received can be adjusted against income tax tax payable for the year? 102441
naveen.bullampalliNov 21, 2018Compulsory to register for CA FINAL if i want to attend for MCS and AICITSS training?5760
Murali KrishnaOct 25, 2018Accounting treatment for interior decorator charges for rental building71951
naveen.bullampalliNov 21, 2018Can I register for AICITT & MSC Course if not yet Cleared IPCC Group 2 ?6540
Tax FloraOct 10, 2018Is it Compulsory to Reverse the GST input credit on Cash Discount Received from Supplier on Purchases made earlier?7734
venkatesh kandulaOct 12, 2018Will CPA qualification add value to our Resume in interview on/off campus? Is there any other course that could add value to our Resume ?4122
naveen.bullampalliOct 28, 2018What is the tax treatment of Interest and Late fee paid for Income Tax, TDS? 2020
naveen.bullampalliOct 28, 2018Can I Claim GST on sweets and calender's purchased for distributing to my clients?2120
naveen.bullampalliOct 28, 2018Whether I need to reverse the gst, if my stock destroyed by fire and entries for that?41820
hello,
The term Inverted duty structure uses, when input being more than output liability due to difference in GST rate on purchase and sales. For more detaiils pls click the below link
https://www.taxflora.com/blog/refund-of-unutilised-input-tax-credit-itc-inverted-duty-tax-structure