Inverted Duty Structure & Zero-Rated Supply (under LUT/Bond)
| Zero Rated Supply (Actual) |
Zero Rated Supply (FOB) |
Zero Rated Min of A or B |
Non Inverted Taxable Supply |
Inverted Taxable Supply |
Adjusted Total Turnover |
Tax Payable on Inverted Supply |
ITC on Account of Inputs Goods |
ITC on Account of Input Service |
Total ITC |
Inverted Tax Structure Refund |
Zero Rated Supply Refund |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Formula | A | B | C = Min(A,B) | D | E | F = C+D+E | G | H | I | J = H+I | K = (HxE/F)-(GxH/J) | L = C x J / F |
| Consolidated |