Good Morning to All Expert,
Again i came to knew about Inverted Duty Supplies for apply for refund under GST.
Sir Suppose I have following input in the month of July 2018 Gst Rate Amount
1 IGST 18% 150000
2 IGST 12% 125000
3 IGST 28 % 140000
4 CGST & SGST 12% = 145000 T
otal INPUT = 560000
And Sir GST on Sale Output detail Following
1 IGST 18% = 75000
2 IGST 12% = 25000
3 IGSt 28% = 30000
4 CGST & SGST12 %= 55000 Total Amount = 185000
So Expert in that Case I Have Refund ( credit ledger) = 560000-185000 = 375000
Expert please tell me only that how will i make Inverted outward supply for getting refund. because different type tax rate are hare . please suggest please. ???????