ECGC payouts in INR do not qualify as export proceeds under GST and FEMA laws. Exporters must secure AD bank write-offs to avoid refund recovery and interest liability.
Exporters with RoDTEP claims over Rs. 1 crore must file an Annual RoDTEP Return (ARR). This guide explains why it’s mandatory, the deadline, and the consequences of not filing.
Learn the 5 major GST changes in E-Way Bill & E-Invoice for FY 2025-26, including MFA rollout, IRN rules, time limits, and compliance deadlines for businesses.
GST Amnesty Scheme 2024 waives interest & penalties for 2017-20 tax dues. Apply by March 31, 2025, under Section 128A. Know eligibility, process & key conditions.
TNCTD Circular 8/2024 outlines new adjudication guidelines to improve GST order quality, focusing on clarity, fairness, and transparency in adjudication proceedings.
Discover key updates from 16 GST Circulars issued by CBIC post-53rd GST Council meeting. Learn about reduced litigation, special procedures for manufacturers, ITC guidelines, and more.
Discover the pivotal Common order from the Hon’ble Madras High Court on Cross Empowerment under GST Law. Don’t miss the insights and conclusions of this significant ruling!
Explore the amendments proposed in the Finance Bill 2024, introducing Section 122A in the Union Budget. Learn about penalties for unregistered machines and special procedures.
Explore the Union Budget 2024 amendments to GST Law, making Input Service Distributor (ISD) mandatory. Key changes in Section 2(61) & 20 of CGST Act explained.
Explore key points for Chartered Accountants issuing CA certificates in GST. Learn about the specific ITC mismatch categories, responsibilities, and limitations