Refund can be claimed in multiple ways in GST regime and attempts have been made to benefit various organizations. This article analyses various concepts of refunds in new perspective
The main purpose of Bond or LUT is to prevent Cash Outflow from pocket of exporter to pay IGST. This article aims to consolidate series of notifications/circulars issued by CBEC with respect to Export of Goods and Services under Bond or LUT.
Maharashtra has raised the one-time registration tax on private two-and four-wheelers by 2%. Also, city corporations in Tamil Nadu have imposed 30% entertainment tax over and above the GST rate levied on cinemas.
The GST Council issued Anti-Profiteering Rules 2017. However, there is still no clarity regarding methodology to determine whether there is undue profiteering by the entity. This article provides suggestions to avoid the litigation.
