Goods Sent Out of India For Exhibition (For Export Promotion) 2024

Goods Sent Out of India For Exhibition (For Export Promotion) 2024

Many goods are sent out of India for exhibitions on export events on a trial basis. They are only sold if approved by customers abroad. If not sold, they are brought back to India. This happens often in sectors like gems and jewellery where Goods are Sent for Export Promotion in International Trade Fair. In instances where ambiguity exists regarding the export procedure, the Central Board of Indirect Taxes and Customs (CBIC) has provided clarification.

Refund Under GST 2024 – Rules and Procedures

Refund Under GST – Rules and Procedures

Introduction to GST Refund
Situations Leading to GST Refund
Time Limit for GST Refund
Relevant Date for GST Refund
Procedure for GST Refund Claim
Grant of Provisional GST Refund
Doctrine of Unjust Enrichment in GST Refund
Refund to Casual Taxpayers
Documentation for GST Refund
Compliance with Natural Justice in GST Refund
Threshold Limit for GST Refund
Withdrawal of GST Refund
Adjustment of GST Refund
Withholding of GST Refund
Approval/Rejection of GST Refund
Disbursement of GST Refund
Interest on Delayed Refund

GST Refunds 2024 -Unutilized Input Tax Credit

GST Refunds 2024 -Unutilized Input Tax Credit

Scope of Refund of Unutilized ITC
Zero Rated Supply (Section 16(1) IGST Act)
Inverted Duty Structure
Time Limit (Section 54)
Relevant Date (Explanation to Section 54)
Threshold Limit
Refund Procedure/ Forms Requirement (Rule 89 of CGST Rules)
Withdrawal of Refund Application
Grant of Provisional Refund
Documentation Requirements
Refund Calculation for Zero Rated Supply
Refund Calculation for Inverted Duty Structure
Doctrine of Unjust Enrichment
Adjustment of GST Refund
Withholding of GST Refund
Approval/ Rejection of GST Refund
Compliance with Natural Justice
Disbursement of GST Refund
Interest on Delayed Refund