Refund of Accumulated Credit on Inverted Duty — Computed. Claimed. Recovered.
Refund of input tax credit accumulated where the rate on inputs exceeds the rate on outward supply, for manufacturers and traders in Nashik and across Maharashtra.
Book Free ConsultationWhere inputs are taxed at a higher rate than the finished product, credit builds up that the business can never use. The law allows that accumulation to be refunded, subject to a formula and a set of exclusions.
At N D Savla & Associates, we identify whether a business is in that position, compute the entitlement under the prescribed formula, and file and pursue the claim for manufacturers and traders across Nashik and Maharashtra.
The computation itself is where most of the disputes arise — what counts as an input, how input services are treated, and how turnover is measured for the period. We prepare that working carefully, because it is the part that gets examined.
Our Inverted Duty Refund Services
Rate Structure Analysis
Analysis of input and output rates to confirm an inverted structure exists.
Eligibility Review
Review against the notified exclusions and restrictions on such refunds.
Formula Computation
Computation of the maximum refund under the formula prescribed in the rules.
Period Selection
Selection of the claim period and treatment of credit carried forward.
Statement Preparation
Preparation of the invoice-wise statement and supporting annexures.
RFD-01 Filing
Filing of the refund application with declarations and undertakings.
Query & Deficiency Handling
Responses to deficiency memos and queries raised during processing.
Rejection & Appeal Support
Support where the claim is rejected in part, including appeal filing.
Our Inverted Duty Refund Process
Structure Confirmation
Input and output rates are compared to confirm the inversion and its extent.
Credit Analysis
Credit availed during the period is analysed between inputs and input services.
Formula Working
The refund entitlement is computed under the prescribed formula.
Application Filing
The claim is filed with statements, computation and declarations.
Follow-Up
Processing is followed up through queries and the sanction order.
Why It Matters
Frequently Asked Questions
Credit piling up you cannot use?
Send us your rate structure and credit ledger — we’ll compute what is refundable.
