"This is Balakishan, a seasoned indirect tax professional over 23+ years of experience particularly in indirect tax compliance and process automation. My extensive experience leading tax operations across multiple APAC jurisdictions has equipped me with the skills necessary to drive regulatory compliance and optimise tax strategies effectively. I have successfully managed end-to-end indirect tax compliance, achieving significant tax refunds and reducing liabilities through strategic planning and incentive optimisation."
This explains how non-realisation of export proceeds within FEMA timelines leads to GST refund reversal and interest liability. The key takeaway is that exporters must track realisation deadlines proactively to avoid automatic tax exposure.
This explains when ITC becomes ineligible under Section 17(5)(h) due to expiry or destruction of goods. The key takeaway is that ITC reversal is mandatory and time-sensitive.
