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Self Employment

Menzies

Menzies LLP - A leading chartered accountancy firm. One of the main aspects you need to think about when becoming Self Employed is the tax position and ensuring that you meet the tax reporting requirements. Income tax is payable on the profit.

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Process of Claiming Refund for Additional IGST Paid Due to Upward Revision of Price on Goods Exported

VJM Global

Under the Goods and Service Tax (GST) , the Refund is a key component in the case of export of goods or services. Conclusion: IGST paid on account of upward revision of price post-export is a common situation faced by the industry.

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Process of Claiming Refund for Additional IGST Paid Due to Upward Revision of Price on Goods Exported

VJM Global

Under the Goods and Service Tax (GST) , the Refund is a key component in the case of export of goods or services. Conclusion: IGST paid on account of upward revision of price post-export is a common situation faced by the industry.

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Clarification on the manner of dealing with differences in ITC availed FORM GSTR-3B Vs ITC reflecting in GSTR-2A for FY 2017-18 and 2018-19

VJM Global

Considering the representations received, the department has clarified that how the difference should be dealt of Input Tax Credit appearing in GSTR-2A and ITC claimed in GSTR-3B for FY 2017-18 and 2018-19 vide Circular No. 183/15/2022-GST dated 27th December, 2022 , wherein following points are clarified: 1.

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