CONSULTEASE.COM
Litigation Management Webinar

Sign In

Browse By

All QuestionsCategory: GST ConsultancyRefund of ITC under inverted duty structure
Profile photo of Sandesh jainSandesh jain asked 3 months ago

Refund of ITC under inverted duty structure

As per section 54(3) refund of ITC on account of inverted duty structure is allowed.
Further government has notified that services mentioned in para b of clause 5 of Schedule II will not eligible for a refund on account of inverted duty structure.
my question is whether the refund is available in case of construction of road services

Answer the question
1 Answers
Profile photo of CA Venu Gopal GellaCA Venu Gopal Gella answered 3 months ago

In inverted duty structre the service provide can also avail the refund
 
Do note refund is restricted only on the Input Goods and Input SErvices