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    <title>GST updates: Important developments in GST</title>
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    <description>The Central Government exempted IGST on services with place of supply in Nepal or Bhutan when payment is received in Indian Rupees, while clarifying such supplies are exempt but not zero rated exports, thereby raising issues of reversal or apportionment of common input tax credit. Concurrently, multiple filing deadlines for TRAN 1, REG 26, CMP 03, ITC 04 and ITC 01 were extended, concessionary tax treatment for supplies to merchant exporters was prescribed subject to conditions, supplies qualifying as deemed exports were listed, evidentiary requirements for deemed export refunds were prescribed, and CGST Rules were amended to allow suppliers to claim certain refunds.</description>
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