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Page 2 - Sme Tracker
'IGST paid on imported inputs is excluded in definition of duty drawback'
The customs duty and interest have to be deposited under different accounting heads
 "'IGST paid on imported inputs is excluded in definition of duty drawback'")
Updated On : 17 Dec 2018 | 10:09 PM IST
For cancelling GST registration, pay ITC or output tax, whichever is more
In accordance with Section 17(5) (h) of the CGST Act, 2017, input tax credit shall not be available in respect of goods destroyed
Updated On : 05 Feb 2018 | 7:38 PM IST
'Merchant exporters procuring goods at 0.1% GST must export under LUT'
A Bombay HC Bench held that well-established foreign brands with a base in India and providing services out of India aren't eligible for SFIS benefit
Updated On : 16 Jan 2018 | 2:52 AM IST
SME Chatroom: Several issues require the attention of DGFT
Supplies to advance authorisation holder are treated as deemed exports under the GST laws
Updated On : 19 Dec 2017 | 2:52 AM IST