As per Notification No 3 – Central Tax, a new section has been added in FORM RFD-01 for claiming of Refund for “Exports made to SEZ unit or SEZ Developer (on payment of tax)”.
GST TIP – 428
As per Notification No 3 – Central Tax, a new section has been added in FORM RFD-01 for claiming of Refund for “Export without payment of tax (accumulated ITC).”
GST TIP – 427
As per Notification No 3 – Central Tax, Exporter of services has to file the application Form RFD-01 for claiming the refund, rule 96, sub-rule 9
GST TIP – 426
As per Notification No 3 – Central Tax, the word “Export invoice “is replaced with “relevant export invoices” in Rule 92, sub-rule 2
GST Tip – 425
As per Notification No 3 – Central Tax, Refund of input tax credit, availed in respect of other inputs or input services used in making the zero-rated supply of goods or services or both, shall be granted. This is available to Taxpayer’s who have availed the benefit of the Notification Number 48/2017-Central Tax dated the 18th October 2017
GST TIP – 423
As per Notification No 3 – Central Tax, every transporter who carries the goods have to carry the goods with a tax invoice or a bill of supply along with the goods where there is a requirement to carry the e-waybills.
GST TIP – 422
As per Notification No 3 – Central Tax, The CGST rate for the manufactures has been reduced to 0.5% to 1%.
GST Tip – 421
As per Notification No 3 – Central Tax, Taxpayers who are registered in the erstwhile tax regime can cancel their registration number by 31st Match 2018 against the olden date of 31st Dec 2017 as per rule 24, in sub-rule (4)
GST Tip – 420
As per Notification No 3 – Central Tax, Person taking registration under composition scheme has to file Form ITC-03 within 180 days from the date of taking registration under composition scheme. Replacing old provisions of 90 days in Sub-rule 3(a) of rule 3 of CGST Act.
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