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 ...
The authority rejected the refund citing non-submission of LUT before export. The court found that the clarification allowing ex post facto LUT was ignored and ordered ...
Despite trade agreements ensuring zero-rated status for exports from India to Bhutan, local importers are increasingly reporting that Indian suppliers are allegedly and unlawfully applying Indian ...
Around 1.5 crore mobile phones are sold in India in a month but nearly 30 lakh units are siphoned off through grey market and ...
New Delhi, Sep 5 (IANS) In what comes as a relief to e-commerce exporters, the GST Council has approved DGFT’s proposal to eliminate the value threshold for GST refunds on low-value consignments. The ...
In what comes as a relief to e-commerce exporters, the GST Council has approved DGFT’s proposal to eliminate the value threshold for GST refunds on low-value consignments. The relevant section of the ...
KARACHI, Sept 29: Business and industry leaders have urged Prime Minister Yousuf Raza Gilani to intervene and stop the Federal Board of Revenue from withdrawing zero-rated sales tax facility on export ...
MUMBAI: The Reserve Bank has warned the adverse impacts on the economy from the ongoing trade war with the US, which has slapped a 50% tariffs on domestic goods shipped to that country with ...
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