Supply of Goods by DTA Supplier to EOU / EHTP / STP / BTP : Procedure

Supply of Goods by DTA Supplier to EOU / EHTP / STP / BTP : Procedure SN Panigrahi, GST Consultant, Practitioner, Corporate Trainer & Author Can be reached @ snpanigrahi1963@gmail.com Procedure regarding procurement of supplies of goods from DTA by Export Oriented Unit (EOU) / Electronic Hardware Technology Park (EHTP) Unit / Software Technology Park (STP) Unit / […]

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Deemed Exports & Refunds under GST

Deemed export has been defined under Section 2(39) of CGST Act, 2017 as supplies of goods as may be notified under section 147 of the said Act. As per Sec 147 of CGST Act, the Government may, on the recommendations of the Council, notify certain supplies of goods as deemed exports, where goods supplied do not leave India, and payment […]

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Normal Vs Composition Scheme under GST

While conceptualizing concept of GST, a 3600 view of business and economy was considered specially the nature of business and requirements of almost five crore Micro, Small and Medium Enterprises (MSMEs) and small traders who account for 25% of employment, 40% of industrial output and 45% of exports of the country. To boosting the cost competitiveness […]

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Execution of LUT Extended to All Exporters

In a greater relaxation the facility of furnishing LUT extended to all exporters. Exporters were facing difficulties in submission of bonds / Letter of Undertaking (LUT for short) for exporting goods or services or both without payment of integrated tax. Especially small exporters were facing problems as most of them were not eligible for furnishing […]

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IGST Refund to Exporters – Still a Myth

IGST Refund to Exporters – Still a Myth There was great Euphoria, Enthusiasm & Excitement in Export Community when a flash news thrashed in the media after the 22ndmeeting of GST Council on 6thOctober 2017 that recommended release of Refunds and other beneficial proposals for exporters as a boon for them and to normalize the working of exporters and to ensure the […]

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GSTSTreet upcoming events

5-7 October 2017, #Gurugram – Block your Diary for Blockbuster #Tax Event – BEPS and Beyond , the Dawn of New ERA by Taxsutra and prestigious partners from who’s who of #Tax world. All Stars & Planets of Taxation at the finest property of Oberoi Hotels & Resorts , #Gurugram welcomes Invitees from Tax fraternity […]

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