Just a moment...

⚠✕
❮ Top
☎ Help
AI OCR ✕

Convert scanned orders, printed notices, PDFs and images into clean, searchable, editable text within seconds. Starting at 2 Credits/page

Try Now →
☰
×

By creating an account you can:

Logo TaxTMI
>
Keyword Search :
AI Tools : New
Ask tax questions in natural language. Powered by AI trained on the TaxTMI legal database. Use AI Tools ➞
Call Us / Help / Feedback✕

Contact Us At :

✉ E-mail: [email protected]

✆ Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
╳
Add to...
You have not created any category. Kindly create one to bookmark this item!
✕
Create New Category
Hide
Title :
Description :

Print Options

+ Post an Article
Post a New Article ✕
Title :
0/200 char
Description :
Max 0 char
Category :
Co Author :

In case of Co-Author, You may provide Username as per TMI records

Delete Reply

Are you sure you want to delete your reply beginning with '' ?

Delete Issue

Are you sure you want to delete your Issue titled: '' ?

Articles

Back

All Articles

Advanced Search ❮
Reset Filters
Search By:
Search by Text :
Press 'Enter' to add multiple search terms
Select Date:
FromTo
Category :
Sort By:
Relevance Date
PrevPreviousNextNext

Finance Bill 2026 - GST Highlights

Saurabh Jain
Goods and Services Tax: provisional 90% refunds extended to inverted duty refunds and export threshold removed. Requirements for post-sales discount credit notes and agreement linkage have been removed. Provisional refunds up to 90% are statutorily extended to inverted duty structure refunds. The Rs. 1,000 minimum threshold for refunds on exports with payment of tax is eliminated. Place of supply for intermediary services is shifted to the recipient's location. Existing advance-ruling authorities, including tribunals, are empowered to act as the National Appellate Authority for Advance Ruling pending its constitution. (AI Summary)

Finance Bill 2026 - GST Highlights:

1. Post-sales discount conditions relaxed:
(a) Credit Note linking with invoice no more required 
(b) Linking of discount with an agreement done away with

2. Provisional Refund:
Provisional Refund upto 90% extended for Inverted Duty Structure Refunds also by way of Statutory enablement in Act now.

3. Export with Payment of Tax:
In case of Export with Payment of tax, no minimum threshold of Rs. 1,000/- is now applicable, empowering small exports (mainly through courier etc.) to claim refund.

4. POS for Intermediary Services Amended
For Indermediary Services, Place of supply shifted from location of Supplier to location of recipient, empowering various indermediaries in India to claim Export benefits.

5. National Appellate Authority for Advance Ruling

Existing Authority including Tribunal empowered to Act as National Appellate Authority for Advance Ruling appeals, pending its constitution

------

Regards
CA Saurabh Jain
(FCA, L.LB)
E: [email protected]

Goods and Services Tax - GST
answers
Sort by
+ Add A New Reply
Hide
+ Add A New Reply
Hide
Recent Articles