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

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

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