Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
Threshold exemption excludes exempt services, while stamp-paper purchases avoid reverse charge; consequential service tax penalties were also set asid...
Employee conflict disclosures and investment restrictions expand with new recusal duties, post-employment limits, and compliance reporting requirement...
The trade notice informs about an upcoming mechanism for refund of IGST on exports through post. Exporters will provide details for seeking IGST refund while filing postal bill of exports. These details will be pushed to ICES System after physical export for GST verification with GSTN and preparation of scrolls. IGST refunds would be processed similar to exports through courier/ECCS. Postal exporters must register their bank accounts on ICES/ICEGATE at the corresponding master site. Trade associations/members are requested to take note and publicize the contents.
The trade notice informs about an upcoming mechanism for refund of IGST on exports through post. Exporters will provide details for seeking IGST refund while filing postal bill of exports. These details will be pushed to ICES System after physical export for GST verification with GSTN and preparation of scrolls. IGST refunds would be processed similar to exports through courier/ECCS. Postal exporters must register their bank accounts on ICES/ICEGATE at the corresponding master site. Trade associations/members are requested to take note and publicize the contents.
Note: It is a system-generated summary and is for quick reference only.
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