Central Goods & Services Tax Rule 89(4) Update: New Definition of "Adjusted Total Turnover" Affects ITC Refunds for Zero-Rated Supplies.

Central Goods & Services Tax Rule 89(4) Update: New Definition of "Adjusted Total Turnover" Affects ITC Refunds for Zero-Rated Supplies. https://www.taxtmi.com/highlights?id=41255 Refund of input tax credit (ITC) in case of Zero Rated supplies - Rule 89(4) of the Central Goods and Services Tax Rules, 2017 - Meaning of scope of "Adjusted Total Turnover" modified for the purpose of calculation. en-us Wed, 05 Sep 2018 17:43:07 +0530 Wed, 05 Sep 2018 17:43:07 +0530 TaxTMI RSS Generator Central Goods & Services Tax Rule 89(4) Update: New Definition of "Adjusted Total Turnover" Affects ITC Refunds for Zero-Rated Supplies. https://www.taxtmi.com/highlights?id=41255 Refund of input tax credit (ITC) in case of Zero Rated supplies - Rule 89(4) of the Central Goods and Services Tax Rules, 2017 - Meaning of scope of "Adjusted Total Turnover" modified for the purpose of calculation. Highlights GST Wed, 05 Sep 2018 17:43:07 +0530 https://www.taxtmi.com/highlights?id=41255