TMI Bloginverted duty refund on clothX X X X Extracts X X X X X X X X Extracts X X X X ..... inverted duty refund on cloth X X X X Extracts X X X X X X X X Extracts X X X X ..... nge in calculation of inverted duty refund on sale of cloth. Service and capital goods ITC is to be deducted as before. Reply By Ganeshan Kalyani: The Reply: Yes there is a change in the calculation ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of refund in case of inverted duty structure. Reply By Amit Agrawal: The Reply: Kindly refer to changes made in rule 89 (5) w.e.f. 18.07.2022 vide clause 8 (d) of NOTIFICATION NO. 14/2022-Central T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ax dated 05.07.2022.
These are ex facie views of mine and the same should not be construed as professional advice / suggestion. X X X X Extracts X X X X X X X X Extracts X X X X
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