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