Gst refund latest notification
Web1 day ago · To ensure timely compliance, taxpayers in this category will not be allowed to report invoices older than 7 days on the date of reporting. 3. Please note that this restriction will only apply to the document type invoice, and there will be no time restriction on reporting debit/credit notes. 4. For example, if an invoice has a date of April 1 ... WebGST Notifications and Circulars Latest GST Notifications and Circulars GST Basics by IRISGST A one point stop for everything GST. Find all the notifications, circulars and orders here explained by GST experts in easier terms. Subscribe to our newsletter and receive important GST updates directly in your inbox Financial Year: #GSTBasicsByIRIS
Gst refund latest notification
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WebApr 13, 2024 · GST stands for goods and services tax, a unified tax system that replaced multiple indirect taxes in 2024. GST invoices are documents that show the details of the goods or services sold, the tax ... WebFeb 8, 2024 · Current GST return filing requires that every month, once GSTR-1 is filed to report Sales, one must file GSTR-3B to report the ITC and make necessary GST Payment. Also if a refund is required to be claimed the same can be done by filing relevant refund related forms. Latest Updates 1st February 2024 Important updates from Budget 2024* 1.
WebMar 31, 2024 · Notification 31-Mar-2024 02/2024-Compensation Cess (Rate)-Seeks to further amend notification No. 1/2024-Compensation Cess (Rate), dated 28th June, 2024. Notification 31-Mar-2024 01/2024-Compensation Cess-Seeks to provide commencement date for Section 163 of the Finance act, 2024 Notification 31-Mar-2024 Web1 day ago · The finished goods sold by the petitioner attracts tax rate of 12%. Further the petitioner also sells goods to exporters for which concessional rate of tax of 0.1% is applicable under Notification No.40/2024-CGST (Rate) and Notification No.41/2024-IGST (Rate) dated 23.10.2024. Thus, the output tax rate of the petitioner is lower than the tax ...
WebApr 12, 2024 · GST council should come out and voluntarily refund late fees whenever any amnesty scheme is announced with lower late fees for non-compliant taxpayers ... WebDec 1, 2024 · GST Instruction No. 04/2024 for Refund of IGST Processing & Sanction. The Central Board of Indirect Taxes and Customs (CBIC) specified the way of processing and sanctioning IGST refunds, upheld …
WebJul 5, 2024 · Tax Notifications; Rate Notifications; Circulars; Classification of Services; utgst. Act. UTGST Act, 2024; UTGST Amendment Act, 2024; Rules; Notifications. Tax …
WebMar 28, 2024 · 4. Vide Circular No. 59/33/2024-GST dated 04.09.2024, it was clarified that after issuance of a deficiency memo, the input tax credit is required to be re-credited through FORM GST RFD-01B and the taxpayer is expected to file a fresh application for refund. Accordingly, in several cases, the ITC amounts were re-credited after issuance of ... the times 4th november 2019 iwocahttp://www.eximguru.com/notifications/searchresults.aspx?allkeywords=drawback&topicid=0&issuingauthorityid=0&typeid=0¬ificationno=&startdate=&enddate= the times 50 greatest british writersWebNov 19, 2024 · The GST Council in its meeting in September had decided to correct inverted duty structure on footwear and textiles, which it said will come into effect from January 1, 2024, but had left the effective rate change undecided at that time. The latest notification specifies that GST rate on article of apparel of any value will be 12%, from next year. the times 3rd may 1898WebMay 19, 2024 · CBIC Notified changes in GST Refund Rules: Notification No. 15/2024 Notification No. 15 /2024–Central Tax Ministry of Finance (Department of Revenue) … setting home page windows 10WebDec 30, 2024 · Here you can find all the latest GST Notifications issued in the year 2024. This page includes most of the CGST notifications, circulars, orders, and press … setting home screenWebJul 5, 2024 · A person claiming refund of tax or interest or any other amount paid must file an application for refund in Form GST RFD-1 before the expiry of 2 years from the 'relevant date’. The ‘relevant date’ in each scenario of refund is given below: Goods exported by sea or air – Date on which the ship or aircraft in which the goods are loaded ... the times 4mostWeb6 hours ago · The Appellate Authority referred to the Circular dated 09.2024 (Circular No.161/17/2024-GST) issued by the Government of India, whereby it was clarified that the company incorporated in India and a body incorporated by or under the laws of a country outside India are separate persons under the Central Goods and Services Tax Act, 2024 … the times 5g