The term ‘Inverted tax structure’ refers to a situation where the rate of tax on input received (i.e. Input Tax craedit received) is more than the rate of tax (i.e. the tax paid) on output supplies. As a result, the higher tax paid on input supplies get accumulated in the electronics credit ledger of the receiver taxpayer. The taxpayer can claim the refund of ITC accumulated on account of Inverted Tax Structure by filing the refund application form RFD-01A.