Indian Tax Solution

GST Circular No. 18/18/2017, DATED : 16th November 2017

GST Circular No. 18/18/2017, DATED : 16th November 2017

SUBJECT :- Refund of unutilized input tax credit of GST paid on inputs in respect of exporters of fabrics.

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Editor's Column

Huge relief for manufacturers -No GST payments on advances received for supplying goods

On Wednesday, the Central Government spared businesses from paying GST on advance amounts they have received for goods which are to be supplied later in the future. The step was aimed to help clear the confusion over tax liabiliti ...