Under the GST regime, exports of both goods and services are not taxed. You may request a refund of input tax credits (ITC) for inputs/input services used in exporting goods or services, subject to satisfying the requirements. What is the GST exemption limit for export of services? GST tr...
Also, the GSTN first announced and then postponed the 7-day invoice generation limit rule. However, you can read: How 7-day e-invoice generation limit will Impact Your GST Compliance. Apart from that, the 50th GST Council Meeting is most likely to be held in June. You can click the ...
Compulsory Registration The requirement for GST Registration in Singapore is mandated by the turnover threshold set by the authorities. Here, turnover means annual taxable turnover earned through taxable supplies of goods and services by an entity. The threshold limit in Singapore is set at $1 mil...
Also, the GSTN first announced and then postponed the 7-day invoice generation limit rule. However, you can read: How 7-day e-invoice generation limit will Impact Your GST Compliance. Apart from that, the 50th GST Council Meeting is most likely to be held in June. You can click the ...
The time limit for refund of GST paid is within two years. Can we claim GST interest refund after two years of payment? No. GST interest paid has to be claimed within 2 years of its payment. Is refund of accumulated ITC allowed in case of exports?
Such details to be uploaded in the online form for cancellation of registration which is to be filled in services section by logging into GST portal. Reply Bharat April 8, 2018 at 6:34 pm In GSTR 1 Table 12 HSN wise summary, should I give both, interstate as well as Intrastate sell ...
(in case of business operates north-eastern state- 10 lakh). 2. If you are supplying goods or services to another state, you have to take GST registration regardless of your turnover. 3. If you are operating or managing digital platform (websites) for e-commerce (online business). Eg:...
Under the GST regime, exports of both goods and services are not taxed. You may request a refund of input tax credits (ITC) for inputs/input services used in exporting goods or services, subject to satisfying the requirements. What is the GST exemption limit for export of services? GST...
Turnover Limit under GST GST applies when the turnover of any business exceeds Rs. 20 lakhs per year. Traders supplying goods to other states need to apply forGST registrationeven if their sale is less than Rs. 20 lakhs. There is also a composition scheme for a selected group of taxpayers...
The Hon'ble Bombay High Court in the case of Panacea Biotec Limited Vs Union of India & Ors [Writ Petition No.13587 of 2024 dated January 21, 2025] set aside the SCN issued and order passed relating to levy of GST on the transaction relating to assig ...