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Question ID : 41052

GST refund on inverted duty structure

While Calculating GST Refund GST people are putting Adjusted sales value (Actual Sales-Sales of trading goods) Whether this is correct . In my opinion when goods traded are of same GST rate like Cloth/Shawl etc and Input is claimed at 5% and on Sales 5% GST is paid then why this adjustment is required as it reduces Refund value too much

posted by Mahesh Kumar on May 21 2021 12:00AM

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