ITC accumulated due to inverted tax structure against supplies @.1%
Query (Issue) Started By: – MohanLal tiwari Dated:- 19-1-2019 Last Reply Date:- 21-1-2019 Goods and Services Tax – GST
Got 6 Replies
GST
Dear Panelists,
We are supplying goods to indigenous customers including Indian railway as well direct exports and through merchant exporters. We have got huge ITC accumulated due to supplies of goods to Railway way parts (HSN 8607) and supplies to merchant exporters @.1%.
Kindly
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