Merchant Export trade transactions include sale transaction by a supplier to the exporter of goods. Such exporter of goods is known as “Merchant Exporter”. As per Foreign Trade Policy, “Merchant Exporter” means a person engaged in trading activity and…
National Informatics Centre (NIC), an agency to handle E-Way Bill system is regularly working for the betterment of this system. In its continuous efforts to make it better, NIC has brought following improvements in E-Way Bill System w.e.f.…
E-way bill rules are applicable w.e.f. 01.04.2018 for inter-state movement of goods. As per these rules, every vehicle for road transport must carry valid E-way Bill along with Tax Invoice/Delivery Challan/Bill of supply, etc. E-way bill is a…
On 23.02.2018, CBEC has issued a Circular CIR-33/07/2018-GST in relation to Disputed and Blocked Transitional Credits (CENVAT Credits) carried forward under GST during Transition to GST. To prevent misuse of transitional credits and non-adherence to GST provisions, CBEC has…
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