Whether to come under Inverted duty structure
Ag Srinu (10 Points)
29 November 2022INPUTS:
import of Rock phaspate @ 5%gst
packing meteria @ 18% gst
Chemicals @ 18% gst
OUTPUT:
sale of Super phaspate ( fertilizer) @ 5% gst to formers geting SUBSIDY.
Please inform whether they come for applying refund under Inverted duty structure under Sec54(3)(ii)?.