Blogs

Recent Amendments in GST

Recent Amendments in GST

Procedure for recovery of dues of the earlier laws under GST The CBIC has prescribed the procedure for the recovery of dues of the earlier laws under the GST regime. Section 142(6)(b) and Section 142(7)(a) of the CGST Act, 2017 governs such recovery in the GST regime. As per the said sections, if any amount […]

Rectification facility in shipping bills for sanctioning IGST Refunds

Rectification facility in shipping bills for sanctioning IGST Refunds

The CBIC, earlier, provided a mechanism for exporters with an officer interface to resolve invoice mismatching for the shipping bills filed till 30.06.2018. The errors were due to mismatching in the information furnished in the tax invoices and the corresponding shipping bills However, some exporters, due to lack of familiarity/awareness, committed the three mistakes due […]

Transporter Id Compulsory For Generating Part-a Of E-way Bill

Transporter Id Compulsory For Generating Part-a Of E-way Bill

E-way bill is a document generated on the portal, which shall be required to be carried along with the movement of goods, if the consignment value is greater than Rs.50,000. The Government has made various amendments on the E-way bill portal on 1st October, 2018, some of which are as follows: Transporter ID is made […]