Category: GST
GST on services between JV and its members-Clarification. Taxability of services provided by the members of JV to the JV and vice versa and inter se between the members of the JV CBEC has issued Circular No. 35/9/2018-GST on the issue of taxability of services between JV and its …
Clarifications regarding GST in respect of certain services-CBEC Circular CBEC has issued Clarifications regarding GST in respect of certain services . The clarification has been issued with regard to the following issues as approved by the Fitment Committee to the GST Council in its meeting held on 9th …
How to Track Refund application for IGST paid on account of Export of Goods. Different status types based on invoice data and recommended Action How to Track IGST Refund Status-FAQ 1. Can I track the status of my Refund Application? Yes, you can track the status by using …
Refund of IGST on Export– Invoice mis-match Cases. Alternative Mechanism with Officer Interface CBEC vide Circular No. 05/2018-Customs dated 23rd February, 2018, recognising that invoice mis-match has been the major reason why the IGST refunds have been held, has provided an alternative mechanism to give exporters an opportunity …
Non-transition utilization of disputed or blocked CENVAT credit-CBEC Directions Circular No. 33/07/2018-GST F. No. 267/67/2017-CX.8 Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs New Delhi, dated the 23rd Feb., 2018 Directions under Section 168 of the CGST Act regarding non-transition of …
Improved GSTR-3B Return Filing Process is easier and user friendly Filing of GSTR 3B Return made easier and user friendly. Optimum utilization of ITC is displayed by System, which however can be edited. The amount to be paid in cash after taking into account ITC, gets displayed. One …
FAQs related to IGST Refund-Common Error codes and Rectification Procedures F. No. 450/ 119120 17-Cus IV Government of India Ministry of Finance Department of Revenue (Central Board of Excise & Custom) New Delhi. Dated 15th February, 2018 To All Principal Chief Commissioners of Customs. All Chief Commissioners of …
CBEC circular clarifying various issues as approved by GST Council Central Board of Excise and Customs (CBEC) has issued a circular for clarification with regard to the following issues as approved by the GST Council in its 25th meeting held on 18th January 2018. S. No. Issue Clarification 1. …
Superintendents of Central Tax shall also be empowered to issue show cause notices and orders under section 74 of the CGST Act. Section 73 of the Central Goods and Services Tax Act, 2017 (CGST Act) contains provisions with respect to demand and recovery of tax not paid or …
Refund of ITC accumulated due to Inverted Tax Structure (RFD-01A)-FAQ 1. What is Inverted Tax Structure in the GST regime? The term ‘Inverted Tax Structure’ refers to a situation where the rate of tax on input received (i.e. Input tax credit received) is more than the rate of …