Inverted Duty Refunds Will Include Input Services : Gujarat High Court

In a Big Relief to Inverted Duty Structure Industries specially Textile Sector, the Hon’ble Gujarat Court has pronounced the order in the Group of 10 Matters that *Net ITC in formula given under Rule 89(5) of CGST Rules 2017 will include the value of input services also. In effect the assessees will be eligible to claim refund of input services in case of inverted duty structure.

Our Readers would remember our Blog on this Matter in 2019 where several Textile Associations had raised this issue with the GST Council.

Petitioners????

1. Suchitra Dyeing & Printing Mills Pvt Ltd – SCA No 20505 of 2018
2. kalakruti Processors Pvt Ltd – SCA 20505 of 2018
3. South Gujarat Textile Processors Association – SCA 14148 of 2019 and others…

Orders are yet to be Published. Charteredonline Congratulate CA (Advocate) Avinash Poddar on Arguing the Matter.

We will mail our Subscribers the Copy of Order once uploaded.