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Work from home is not allowing the team members to do any physical maintenance of their devices. Complaints about Laptop are creating a roadblock in operations mainly compliance delays. Hardware representatives are not able to physically visit the places for maintenance.
Several key direct tax changes have been kicked in from 1 October 2020 that businesses and individual taxpayers need to take note of. One of the most talked about topics is TCS Provision under Income Tax.
The ministry of MSME has launched a specialized portal- MSME Samadhaan for facilitating MSMEs to report cases of the delayed payment of bills to draw the attention of their buyers, the facilitation councils and the Ministry of MSME.
This webinar is about GST Refund process for Exports under Goods and Service
It is said that goods and services can be exported from a country but the taxes should not be. Under the GST law exporters have the benefit of claiming refund of taxes paid on export of goods or services or claiming refund of the input tax credit in cases where the goods or services are exported under Letter of Undertaking(LUT). However the various provisions of law and issues related thereto should be considered before filing the refund claims.
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