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Letter of Undertaking can be furnished online
Letter of Undertaking (LUT) can now be furnished online in Form GST RFD 11 on GST portal to supply goods or services for export without payment of integrated tax. IGST…
Six months of Goods and Services Tax in India
Six months of Goods and Services Tax in India and Way Forward By Priyanshu Goyal The midnight of 1st July 2017 experienced the future changing historic tax reform in India…
Procedure regarding procurement of supplies of goods from DTA under deemed export benefits
In accordance with the decisions taken by the GST Council in its 22nd meeting held on at New Delhi to resolve certain difficulties being faced by exporters post GST, it…
Blockage of Working Capital of Exporters
Ministry of Finance makes clarifies that the apprehension being expressed regarding the blockage of working capital for exporters in GST regime and media reports relating to this are not based…
How to report export transactions effected without payment of IGST
How to report export transactions effected without payment of IGST? Answer - One practical question being faced by…
Notification regarding waiving of late fee on GSTR-3B
Earlier in the press release, it was communicated that Late fee won't be levied on the returns for the interim period, to give the sense of comfort to taxpayers, but…
No shortage of Essential Drugs post introduction of GST
No shortage of Essential Drugs post introduction of GST, smooth supplies being maintained: Shri Mansukh L. Mandaviya Ministry of Chemicals and Fertilizers made the following press release PIB Minister of…
Transition to GST – Action points
Transition to GST - Action points GST being largest indirect tax reform in history of India is on verge of its implementation. Every business, small or big will get impacted…