How refund of ITC amount is calculated in case export is made without payment of tax

By Paras Mehra June 16, 2017

Under GST regime, the exporter of goods or services can claim the refund in two possible ways; 1. Refund of Input tax credit without payment of tax and 2. Refund after payment of tax on exports

Consumer Welfare Fund under GST - Creation and utilisation under GST

By Paras Mehra June 16, 2017

There shall be established by the Central or a State Government a fund, to be called the Consumer Welfare Fund. Generally, all the refund amount which is not directly paid to the applicant is credited to this fund.

How GST will impact the bloggers in India – Impact of GST Registration on Blogging

By Paras Mehra June 15, 2017

However, the GST is altogether a different spoon altogether. GST shall mandate every person including the bloggers to register otherwise there will be a stringent penalty for non-compliance.

How to Sell online on Amazon, Flipkart or PayTM under GST

By Agam Gupta June 15, 2017

We are receiving a lot more queries on daily basis related to selling online, or how to sell on online platforms like Amazon or Flipkart after coming of GST.

Documents required to be attached with refund application under GST – All about documentary evidence under GST

By Paras Mehra June 15, 2017

To claim a refund under GST, an application needs to file online through the common portal in the form GST RFD – 1. Further, the form is attached with the additional required documents to establish that the refund is actually due to the applicant.

How to claim Provisional refund under GST – Step by step procedure to claim provisional refund under GST

By Paras Mehra June 15, 2017

Provisional refund is one of ways to promote ease of business in India. The concept of provisional refund is very special because it provides liquidity business so early on the basis of certain documents.

What is the meaning of relevant date for refund under GST?

By Paras Mehra June 15, 2017

The meaning of relevant date is very important in regard to refund provisions under GST. This is because the section 54 of CGST states that any person claiming refund may make an application before the expiry of two years from the relevant date.

How to claim refund under GST online! – GST Refund Procedure for CGST/SGST or IGST explained

By Paras Mehra June 15, 2017

Any person claiming refund of any tax and interest may make an application in FORM GST RFD – 1 to the proper officer of IGST/CGST/SGST before the expiry of two years from the relevant date [explained ahead in point 14.6] through the common portal.

IEC Code not required for Import/Export under GST Regime – PAN/GSTIN shall work as New IEC Code Number

By Paras Mehra June 14, 2017

no IEC code shall be required for Import/Export, as decided by the government. As a result, the importer/exporters need NOT apply for separate IEC code and the GSTIN and PAN shall be construed as new IEC code for the purpose of import and export.