Food supplement classification requires common parlance and authoritative tests, preventing treatment as proprietary Ayurvedic medicines without suppo...
Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Circular prescribes mechanism for refund of additional IGST paid on upward revision in price of exported goods subsequent to exports. Exporter to file refund claim in FORM GST RFD-01 electronically on common portal under "Any other" category until separate category developed. Claim processed by jurisdictional GST officer based on documents establishing admissibility. Details of shipping bills, IGST amount, refund sanctioned by customs to be provided to GST officers. Minimum refund amount Rs. 1000. Time limit 2 years from relevant date. Required documents listed. Proper officer to verify GSTR-1, GSTR-3B, foreign remittances. Refund sanctioned in FORM GST RFD-06 with detailed speaking order. For downward revision, exporter to deposit excess refund received with interest.
Circular prescribes mechanism for refund of additional IGST paid on upward revision in price of exported goods subsequent to exports. Exporter to file refund claim in FORM GST RFD-01 electronically on common portal under "Any other" category until separate category developed. Claim processed by jurisdictional GST officer based on documents establishing admissibility. Details of shipping bills, IGST amount, refund sanctioned by customs to be provided to GST officers. Minimum refund amount Rs. 1000. Time limit 2 years from relevant date. Required documents listed. Proper officer to verify GSTR-1, GSTR-3B, foreign remittances. Refund sanctioned in FORM GST RFD-06 with detailed speaking order. For downward revision, exporter to deposit excess refund received with interest.
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