Tag: IGST
As recommended by GST Council, new CGST Rule 95A has been inserted for refund to retail outlets in departure area of International Airports for taxes paid on inward supplies …
CBIC has issued Circular No. 16/2019 Customs dt. 17 June 2019 to modify the automated process for claiming IGST refunds by Exporters. Now all risky/ suspicious exporters will face …
CBIC clarifies that where taxpayers have paid CGST/ SGST on supply of warehoused goods while depositing in custom bonded warehouse during July 2017 to March 2018 (treating such supplies …
CBIC has amended Notification No. 65/2017-Central Tax dt. 15 Nov. 2017 for implementation of amendments in provisions relating to requirement of GST registration applicable for e-commerce operators making supply …
CBIC has notified that Exemption from tax under 'Reverse Charge Mechanism (RCM)' under GST stands rescinded w.e.f. 1 Feb. 2019 in respect of Intra-state Purchases of Goods and Services from …
CBIC has issued Notification No. 1/2019 (Integrated Tax) dt. 29 Jan. 2019 to implement the provisions of the Integrated Goods and Services Tax (IGST) Amendment Act, 2018 from 1 Feb. …
CBIC has issued a Press Release to share factual figures on pending GST refund claims of exporters and to deny the print media reports with exaggerated figures (Rs. 23,000 …
CBIC has clarified that where exporters have opted/ preferred to take drawback at higher rate in place of IGST refund for the period 1 July 2017 to 30 Sept. 2017, …
CBIC has notified the 'GST TCS Collection Rates', i.e. 1%/ 0.5% of net value, applicable for 'E-commerce Operators' (not being agents) on Inter-state/ Intra-state Supplies made through it by other …
CBIC has authorised the 'Cost Accountants' to certify the 'IGST Refund Claims' of Exporters whose records were not transmitted from GSTN to Customs due to mismatch in GSTR 1 and …