Michaela Merz

India – Government removes requirement of payment of GST on advances received for supply of goods and allows manual filing of refund applications

Leave a comment

The CBEC has issued notification nos. 55-66/2017-Central Tax, Circular no. 16/16/2017-GST, 17/17/2017-GST and order no. 9-10/2017-GST, all dated 15 November, 2017. While majority of the amendments give effect to the changes announced in the 23rd GST Council meeting, there are a few other significant relaxations, which were not specifically mentioned in the press note issued post the GST Council meeting. Further, in some cases, there are a few minor changes between the press release and the final notifications issued.

 

Please click HERE to read the full News Alert.

 

Bildquelle: Katharina Wieland Müller / pixelio.de

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s