Can any one pls explain what is inverted duty structure
CA Sai SwaroopDec 08, 2018 · Edited: Dec 08, 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
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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