Inverted duty refunds to include input services w.e.f. 1 Nov 2026
Inverted Duty Refunds Expanded to Include Input Services from 1 Nov 2026 In a significant relief for taxpayers operating under an inverted duty structure, the Central Board of Indirect Taxes and Customs has notified amendments to the GST refund mechanism whereby Input Tax Credit attributable to input services will now be eligible for refund under …