Dear all, We are exporter of Services.
We did not receive exports proceeds with in 12 months. At present, invoices are outstanding for more than 18 months. Most probably, we will receive in Oct 2023. Do we need to pay GST on this now? Can we make an application to RBI for extension of time for realization? Can anyone please clarify?
Hi Professionals!
Can a company capitalize the proceeds of the exports of plant & machinery to its overseas JV/WOS?
jvwos
overseas
exports
proceeds
capitalization
Hello everyone,
Whether an organisation providing export services need to issue tax invoice to cutomers or Bill of supply?
An Indian Pvt Ltd co. engaged in certain services classified under export of services under GST.
The company received advance worth 2cr from an overseas customer in March 2020 in USD in their bank account as advance against the travel-based services to be provided. From March 2020 the international travel ceased so, the company has not provided any services for last two years to the said client.
The issue : How will the above advance be treated under section 73 and Deposit rules.
-Whether it falls under Public Deposit/Loan
-Whereas it's simply a business advance against services to be provided in future but outstanding for more than 365 days.
-What options the company has to not the same be treated as deposit/loan.
Please give resolutions
under
services
export
classified
certain
I would like to know how the export credit insurance covers an exported consignment. As we are accepting orders directly through our website https://mgcrugs.com and exporting items worldwide, what are the technicalities that we have to follow to claim export credit insurance covers ?
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Dear All,
A trader buys from manufacturer not registered in excise as his turnover is below 1.5 crore. then in such case can traders take ITC on stock up to 40%?
Dear Members!
Can a company capitalize the proceeds of the exports of plant & machinery to its overseas JV/WOS?
exports
proceeds
utilization
Dear Team Members,
An Indian Resident wants to make investment in an overseas Wholly Owned Subsidiary by way of Capitalization of Export Dues.
Could you please share the procedure of the same. What documents are required to submit with the AD bank through RBI?
Please assist me in the matter.
dues
export
capitalisation
Dear friends,
Is it mandatory to update the details of the company for DGFT portal during April to June every year?
Even if there is no activity in the company. Pl enlighten .
with regards
Help
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registration
can anybody enlightened me about the documentation/license/requirements for export steel folding bed other than IEC CODE AND GST CERTIFICATE?
folding
steel
exporting
requirements
Dear Members,
Please advise how to deal with re-export of goods while filing GST Returns?
