https://www.taxtmi.com/circulars?id=61000 With effect from 01.02.2019, the circulars are amended to permit realization of export proceeds in Indian rupee where RBI permits and to allow acceptance of a Letter of Undertaking for exports and SEZ supplies regardless of currency subject to RBI rules; to modify job-work rules by applying the time periods specified under the job-work provision, restating principal's record-keeping and deemed-supply liabilities, clarifying valuation of job-work services, and linking job-worker registration to statutory turnover thresholds; to require recovery of inadmissible transitional credits via FORM GST DRC-03/DRC-07 rather than GSTR-3B; and to implement suspension of registration while preserving the final return obligation. en-us Tue, 23 Apr 2019 00:00:00 +0530 Thu, 16 May 2019 15:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61000 With effect from 01.02.2019, the circulars are amended to permit realization of export proceeds in Indian rupee where RBI permits and to allow acceptance of a Letter of Undertaking for exports and SEZ supplies regardless of currency subject to RBI rules; to modify job-work rules by applying the time periods specified under the job-work provision, restating principal's record-keeping and deemed-supply liabilities, clarifying valuation of job-work services, and linking job-worker registration to statutory turnover thresholds; to require recovery of inadmissible transitional credits via FORM GST DRC-03/DRC-07 rather than GSTR-3B; and to implement suspension of registration while preserving the final return obligation. Circulars GST - States Tue, 23 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61000