Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Amendments to Chapter 5 of Handbook of Procedures 2023 for Export Promotion Capital Goods Scheme: Extended time period for submitting installation certificate from 6 months to 3 years, with composition fee. Provisions for extension of export obligation period simplified with revised composition fees based on duty saved value. Additional composition fees prescribed for regularization of exports and PRC decisions. Aimed at reducing compliance burden and enhancing ease of doing business.
Amendments to Chapter 5 of Handbook of Procedures 2023 for Export Promotion Capital Goods Scheme: Extended time period for submitting installation certificate from 6 months to 3 years, with composition fee. Provisions for extension of export obligation period simplified with revised composition fees based on duty saved value. Additional composition fees prescribed for regularization of exports and PRC decisions. Aimed at reducing compliance burden and enhancing ease of doing business.
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