Stringent Refund Procedure w.e.f 14.06.2022
Vide Instruction No. 03/2022-GST, F. No. CBEC-20/16/35/2019-GST, dated 14.06.2022 A detailed speaking order needs to be issued providing a basis…
Tag: Refund
CBIC issued guidelines w.r.t. sanction, post-audit and review of refund claims
The CBIC vide Instruction No. 03/2022 dated June 14, 2022 has issued guidelines w.r.t. sanction, post-audit and review of refund claims. Attention…
CBDT issued refunds from April 01, 2021 to March 20, 2022
As per the recent tweet of Income Tax India, the Central Board of Direct Taxes (“CBDT”) has issued refunds of…
Module wise new functionalities deployed on the GST Portal for taxpayers
Source : GST News and Update dated 05.01.2022 Various new functionalities are implemented on the GST Portal, from time to…
Some recent amendments
1) Notification No. 18/2021-Central Tax (Rate) dated 28.12.2021 is issued to amend the Notification No. 1/2017-Central Tax (Rate) dated 28.06.2017…
REMISSION OF DUTIES AND TAXES ON EXPORTED PRODUCTS (RoDTEP) SCHEME UNDER FOREIGN TRADE POLICY
By Mr. Ramesh Chandra Jena, Advocate Export Promotion Scheme under Chapter 4 of the Foreign Trade Policy 2015-20 is having…
Ease of doing … courtesy Lucknow (Lukhnau)
By CMA Anil Sharma Practicing Cost Accountant Adaab…. 45th GST council meeting. 45th GST council meeting held at Lucknow, a…
Circular No. 162/18/2021-GST dated 25.09.2021 providing clarification on Relevant date for refund in respect of transactions considered as Inter State instead of Intra State supply or vice versa
Circular No. 162/18/2021-GST dated 25.09.2021 provides clarification in respect of refund under Section 77 of the CGST Act/ Section 19…
Gist of Circulars issued by CBIC on 20.09.2021
The Central Board of Indirect Taxes and Customs (CBIC) on 20.09.2021 issued the following clarifications: Circular No. Title / Query…
Refund of IGST paid on Ocean Freight under RCM
M/s. Gokul Agro Resources Ltd. has filed a writ petition in the Hon’ble Gujarat High Court, requesting, inter-alia, to grant…