GST Tip – 370

As per Rule 96A of the CGST Rules,  the person who has executed the LUT / Bond has submit proof fo export within  fifteen days after the expiry of one year, or such further period as may be allowed by the Commissioner, from the date of issue of the invoice for export, if the payment of such services is not received by the exporter in convertible foreign exchange.

GST Tip – 276

As per Notification No. 11/2017-Central Tax (Rate),  for services related to Services furnished by business, employers and professional organizations Services, Services furnished by trade unions & Services furnished by other membership organizations falling under HSN/SAC 9995 the Central Tax Rate is 9%