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With only interior communications provided on the officers in this regard, refund applications were being processed by adopting FOB value as Turnover of Zero-rated supply of products and the real difference remaining turned down, with none this kind of policies prescribed Within this regard then. The taxpayer has the option to watch to the GST por
a lot of GST payers rely on tax professionals or advisors to aid them in submitting their returns. even so, if the advice or views provided by these advisors are inaccurate, it may result in non-compliance and subsequent litigation. Uniformity: As GST litigation progresses, bigger courts or tribunals can contribute to uniformity in the applying of
CBIC issued clarification on valuation of supply of import of solutions by get more info a connected man or woman wherever recipient is eligible to full input tax credit rating "The tax placement has now been clarified, confirming that no GST are going to be chargeable on transactions between the domestic corporation and its foreign subsidiary, as
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