This video is on new notification No 20/2018 Central tax (Rate) on utilization of inputs of textile industry due to inverted duty structure. Generally in textile industry most of the raw material are charged high rate as compared rate on finished goods. So there is always inputs in books,Which is to be added in cost i.e. no refund provided as per N/N 5/2017 CTR. But now from 1st Aug, 2018 onwards it is allowed i.e. producer can now file refund for inputs arised on most of the textile articles.
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