Summary of the IGST Refund Process For Price Revisions After Export Goverment has annouced IGST Refund Process For Price Revisions After Export through the Circular No 226/20/2024.Trade and industry representative have asked the government to create system for refunding the extra IGST paid when the price of exported goods increases after they have already been exported. … Read more
Summary of the Taxability and valuation of corporate guarantee Services between related persons of the Circular No 225/19/2024. The Government has issued Clarification regarding Taxability and valuation of corporate guarantee Services between related persons through Circular No 225/19/2024 dated 11-07-2024.On the recommendation of GST Council a new rule 28(2) to be added on 26-10-2023 through … Read more
Government has issued GST Advisory for Registration. GSTN is pleased to inform that changes have been made in size of document upload in Principal Place of Business and Additional Place of Business for New Registration and Amendment catering to the grievances received in the matter from trade. Taxpayer can now upload following documents up to maximum … Read more