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Pharmaceuticals, textiles, footwear, fertilisers, renewable energy and EV sectors may seek relief from accumulated ITC arising from persistent inverted duty structures under GST.

GST Reform: Pharma, Textiles, EVs and Other Sectors Seek Relief from Accumulated ITC

Judgement

GSTAT has ruled that Increased ITC must be passed to buyers even if it remains unutilised due to inverted duty structure. GSTAT orders a Rs.1.49 crore refund with interest for failure to pass ITC benefit.

Increased ITC must be passed to buyers even if it remains unutilised due to inverted duty structure: GSTAT

AAR rejects the application of a garment manufacturer who sought guidance on claiming a full GST refund beyond the Inverted Duty Structure formula, under Section 97 of the CGST Act, 2017.

AAR: GST Refund on Inverted Duty Not Eligible for Advance Ruling

Court rules that an edible oil packer is entitled to a GST refund for taxes paid on packing materials, even when the bulk oil and packed oil attract the same 5% GST rate.

Karnataka High Court Directs GST Refund for Edible Oil Packer Due to Inverted Duty Structure

High Court Directs GST Refund for Edible Oil Packer Due to Inverted Duty Structure

GST advance ruling on non-edible castor oil, confirms its classification under HSN 1518 with 5% IGST and addressing refund-related queries under the inverted duty structure.

Gujarat AAR on Castor Oil: Classification and Implications on Refund under Inverted Duty Structure

News

The experts expect that the 54th meeting will discuss and make announcements on rate rationalisation, tax slab cuts, the removal of the inverted duty structure and more.

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GST Reform: Pharma, Textiles, EVs and Other Sectors Seek Relief from Accumulated ITC

Increased ITC must be passed to buyers even if it remains unutilised due to inverted duty structure: GSTAT

AAR: GST Refund on Inverted Duty Not Eligible for Advance Ruling

High Court Directs GST Refund for Edible Oil Packer Due to Inverted Duty Structure

Gujarat AAR on Castor Oil: Classification and Implications on Refund under Inverted Duty Structure

Expectations from 54th GST Council Meeting going to be held on 9th September