Compensation Cess Input Tax Credit Refund Is Inadmissible Under Inverted Tax Structure Without Output Rate Inversion
Compensation Cess Input Tax Credit Refund Is Inadmissible Under Inverted Tax Structure Without Output Rate Inversion Issue Whether an assessee manufacturing goods that attract zero Compensation Cess on domestic outputs can claim a refund of accumulated Compensation Cess Input Tax Credit (ITC) paid on input raw materials (coal) under the inverted duty structure scheme of… Read More »