Capital-gains exemption for charitable trusts extends to qualifying fixed deposits, while unrecoverable TDS write-offs may constitute income applicati...
India-UK treaty characterisation of telecom-service receipts as business profits withstands unilateral domestic-law amendments for Indian tax purposes...
Transfer-pricing reimbursement adjustments require uncontrolled comparables and cannot become expense-genuineness reviews, resulting in deletion of th...
Food import sampling requirements support provisional release where unseized consignments conform to standards and raw areca classification is unestab...
Circular provides revised procedure for electronic filing and processing of refund applications by Canteen Stores Department (CSD) u/s 55 of CGST Act. CSD can electronically file refund application in FORM GST RFD-10A on common portal for 50% refund of central, state, UT and integrated tax paid on inward supplies for subsequent supply to Unit Run Canteens or authorized customers. CSD to file refund application quarterly, allowed to club multiple quarters/financial years. Refund available only if supplier furnished invoice details in GSTR-1 and filed GSTR-3B. Proper officer to process refund claim as per Rule 89, verify invoices, tax payment and ITC reversal. Refund amount capped at 50% of taxes paid. Earlier Circular 60/34/2018-GST superseded for electronic refund applications.
Circular provides revised procedure for electronic filing and processing of refund applications by Canteen Stores Department (CSD) u/s 55 of CGST Act. CSD can electronically file refund application in FORM GST RFD-10A on common portal for 50% refund of central, state, UT and integrated tax paid on inward supplies for subsequent supply to Unit Run Canteens or authorized customers. CSD to file refund application quarterly, allowed to club multiple quarters/financial years. Refund available only if supplier furnished invoice details in GSTR-1 and filed GSTR-3B. Proper officer to process refund claim as per Rule 89, verify invoices, tax payment and ITC reversal. Refund amount capped at 50% of taxes paid. Earlier Circular 60/34/2018-GST superseded for electronic refund applications.
Note: It is a system-generated summary and is for quick reference only.
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