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Maximum Refund Amount in Financial Formulas

Maximum Refund Amount refers to the highest amount of money that an individual or entity is eligible to receive as a refund under GST. And is denoted by MRA.

Formulas to find Maximum Refund Amount in Financial

fxMaximum Refund Amount​Go

List of variables in Financial formulas

fx Turnover of Inverted Rate Supply ​Go
fx Net Itc ​Go
fx Adjusted Total Turnover ​Go
fx Tax Payable on Inverted Rate Supply of Gst ​Go

FAQ

What is the Maximum Refund Amount?
Maximum Refund Amount refers to the highest amount of money that an individual or entity is eligible to receive as a refund under GST.
Can the Maximum Refund Amount be negative?
{YesorNo}, the Maximum Refund Amount, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.
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