Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
DGFT proposes mandatory use of GST e-invoices received through GSTN-DGFT integration for claiming deemed export benefits under FTP 2023. The initiative aims to enhance transparency, streamline processes, and improve regulatory compliance through automated data exchange between GSTN and DGFT BO portal. This would facilitate validation of eBRCs and verification of deemed export transactions. Stakeholders are requested to submit comments by April 2, 2025, for consideration under Para 1.07A and 1.07B of FTP 2023. The proposal is part of broader efforts to digitize and integrate trade-related documentation systems.
DGFT proposes mandatory use of GST e-invoices received through GSTN-DGFT integration for claiming deemed export benefits under FTP 2023. The initiative aims to enhance transparency, streamline processes, and improve regulatory compliance through automated data exchange between GSTN and DGFT BO portal. This would facilitate validation of eBRCs and verification of deemed export transactions. Stakeholders are requested to submit comments by April 2, 2025, for consideration under Para 1.07A and 1.07B of FTP 2023. The proposal is part of broader efforts to digitize and integrate trade-related documentation systems.
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