Goods and Service Tax GST refund can’t be denied merely on the grounds of suspicion M/s Bharat Exim (“The Petitioner”) filed refund applications in Form GST RFD-01 seeking refund of unutilized Input Tax Credit, consisting of IGST and Cess, on account of export of goods. Read More » 24/04/2023 No Comments
Goods and Service Tax Revised procedure of granting IGST Refund to Risky Exporters CBIC has issued a detailed instruction on Revised procedure of granting IGST Refund to Risky Exporters. The board has made changes in the SOP prescribed earlier vide Instructions No. 04/2022-GST dated 28th November 2022. Read More » 05/12/2022 No Comments
Goods and Service Tax Once the application has been processed and order passed, plain effect of same can’t be avoided Once the application had been processed and or order passed, which has attained finality, the respondents cannot escape the plain effect of the same. They also cannot escape the liability of interest that arises on non-compliance of the same. Read More » 09/11/2021 No Comments
Clarification On Time Limit To Claim ITC In Respect Of RCM Supplies Received From Unregistered Persons | Circular No. 211/5/2024-GST Dated 26th June, 2024 15/07/2024
Highlights Of 53rd GST Council Meeting | Measures To Facilitate Trade And Related To Procedure 15/07/2024
Time Limit For Claiming ITC is 30th November of Following Year With Effect From 01.07.2017 and Section 16(2) and 16(4) Are Constitutionally Valid 15/07/2024
ITC On Inward Supplies Received From Non-existent And Bogus Firm is Fraud ITC Against the Department and the Public Excheque 15/07/2024
No Penalty Shall Be Imposed For Failure To File Annual Return If The Company Has Filed Return Before Issuance Of Notice 15/07/2024
RoC, Puducherry Imposed Penalty of INR 15 Lacs On Private Company On Delay in Appointment Of Whole Time Company Secretary 15/07/2024