Rule 89(5) Explained: Unlocking Blocked Working Capital for Manufacturers.
Understand Rule 89(5) GST refund for inverted duty structure and how manufacturers can unlock blocked working capital For manufacturing and trading units in the Delhi NCR region—especially those operating in Okhla, Noida, and Manesar—managing working capital is a daily battle. One significant choke point often goes unnoticed: Accumulated Input Tax Credit (ITC) due to an…