gst refund inverted duty structure
srikumar (audit staff) (1203 Points)
30 March 2019my client is firm having textile 12 percent yarn and sales only 5 percent. so balance 7 percent gst itc are around 2lakhs, how to claim and if goes to gst claim how there such itc 2 lakhs is reversed or automatic reverse , when will reserve before file of gst rfd 1a form or after ?
pls explain sir