GST Refunds Under the Inverted Duty Structure
GST refunds under the inverted duty structure allow eligible businesses to claim refunds of unutilised input tax credit when GST on input goods exceeds the rate on outward supplies.
GST refunds under the inverted duty structure allow eligible businesses to claim refunds of unutilised input tax credit when GST on input goods exceeds the rate on outward supplies.
GST rules for job work allow goods to be sent for processing without payment of GST, subject to statutory conditions. Businesses must follow return deadlines, maintain delivery challans, file Form GST ITC 04 where applicable, and ensure proper input tax credit and tax compliance.
GST orders can be challenged for breach of natural justice, including denial of personal hearings, ignored submissions, or unreasoned decisions. Taxpayers may seek relief through appeals or High Court petitions.