Postal Export (Electronic Declaration and Processing) Regulations, 2022 and Implementation of PBE Automated System
Whether Marketing Services agreed to be provided under Marketing Services Agreement is export of services
Business Advisory & Consulting eBRC system is revamped by DGFT Electronic Bank Realization Certification (eBRC) is a certificate issued by the bank certifying that payment is received in foreign currency against the export of service and goods. As per FEMA, exporters are required to receive payment against export of goods and services within a specified period of time. Timely receipt of foreign currency is a condition for issuance of GST refund as well. Read More » 12/03/2024 No Comments
Business Advisory & Consulting RBI issued circular on regulation of Payment Aggregator-Cross Border Reserve Bank of India (RBI) has issued a detailed circular on the regulation of Payment Aggregator-Cross Border (PA-CB) vide RBI/2023-24/80 CO.DPSS.POLC.No.S-786/02-14-008/ 2023-24 dated 31st October, 2023. Processing of payment or receipts transactions in cross-border transactions is not something an Individual entity can do itself. All these facilities are provided by Payment Aggregator through Payment gateways. Read More » 05/12/2023 No Comments
Business Advisory & Consulting Postal Export (Electronic Declaration and Processing) Regulations, 2022 and Implementation of PBE Automated System In the automated system, exporters will not be required to visit foreign post offices. Rather, he can file PBE online from his own place and hand over the consignment to a nearby post office (not necessarily Foreign Post Office) for export. Read More » 26/12/2022 No Comments
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Highlights Of 53rd GST Council Meeting | Measures To Facilitate Trade And Related To Procedure 15/07/2024
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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