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Exporters facing GST refund issues as govt makes invoice matching compulsory for input tax credit

Exporters facing GST refund issues as govt makes invoice matching compulsory for input tax credit   LinkedIn- https://www.linkedin.com/in/aseem-aggarwal-1b365549/ Youtube  -  https://www.youtube.com/user/aseemaggarwal92 Twitter  -  https://twitter.com/aseem252 Blog  -  https://aseemconsult.blogspot.com/ Many exporters are facing a working capital crunch as they have run into refund problems after a recent government circular said exporters would not be eligible for input tax credit refunds in cases where they are unable to match invoices from the vendors. This situation is a result of the government waiving off late fees for companies and suppliers to upload certain forms under the goods and service tax, tax experts said. That led to several cases where these forms were not uploaded, and exporters were unable to take input tax credit running into crores. As per the GST framework, tax credit cannot be availed until and unless ...

MSME REVISED DEFINITION

MSME REVISED DEFINITION | APPLICABLE FROM 1st JULY, 2020 | UDYAM REGISTRATION FOR MSME | INVESTMENT LIMIT REVISED UPWARDS | EXPLAINED Sharing a very important video made by me on 'MSME REVISED DEFINITION'.  Please find the link below-  https://youtu.be/ntV_gEKLKqg Please follow us on our youtube channel also, where regular videos on various issues are posted. The link for our channel is: https://www.youtube.com/user/aseemaggarwal92  You can also follow us on: LinkedIn-https://www.linkedin.com/in/aseem-aggarwal-1b365549/Twitter - https://twitter.com/aseem252 Blog - https://aseemconsult.blogspot.com/ For any further queries you can contact us at the information given below. Regards  Aseem Aggarwal CA, CPA, CS, BCom(H) +91 7508000350 aseem@ksafirm.com