Search results for: GST refund

In the case of M/s. Saraf Natural Stone Vs Union Of India, the Gujarat High Court has passed the judgement that Department will have to pay simple interest at the rate of 9% per annum on the delayed payment of IGST to the exporter. Ever since the launch of GST, the problem of delay in […]

Providing a sigh of relief to exporters, the centre announced to pay the input tax credit (ITC) refunds of state taxes which will translate into lesser transaction time and costs. while the manual interface is being said under processing. As the industry claims, there is a huge difference between the amount claimed for ITC to […]

The National Anti-Profiteering Authority (NAPA) took the decision in favour of home buyer and refused the behest of builder about the calculation of benefits on completion of the project. Believing all by themselves that the profits will be computed after finishing the project, the several builders have not been delegating the benefit on tax credit […]

Tax Advocates Association of Gujarat (TAAG) organized an Open House with tax professionals where they put forth various contention related to the late issue of refunds, registration and other issues with GST Network (GSTN).

Some of the companies who had made mistakes while filing GST form are now trying to rectify it and here it is an example of the same issue.