Question

What does an Inverted Duty Structure imply under the GST framework? 

A The GST rate on sales is higher than the rate on purchases.
B The GST rate on sales is equal to the rate on purchases.
C The GST rate on purchases is higher than the rate on sales.
D There is no GST payable on sales.
Practice Next

Relevant for Exams:

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)