Articles by CA Sachin Jain

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Risky Exporter Alert: All you need to know!

CA Sachin Jain 04 March 2023 at 09:10

When alert of risky exporter is invoked on the Import Export Code, all the refunds of IGST, Drawback and other benefits gets stopped and all the export consignment are subject to verification.

Posted in GST | 5412 Views

Your coffee can save your Tax!

CA Sachin Jain 09 November 2022 at 08:54

My cafe habit is really getting too heavy on my pockets. Even after online offers and discounts every month I spent more than Rs. 30,000/- in cafe bills. Kya karu to save any money from this??

Posted in Income Tax | 1 comments | 5373 Views

Credit of IGST Paid on Import of Goods not reflected in GSTR-2B

CA Sachin Jain 22 August 2022 at 09:03

Importers can claim IGST and cess paid on their imports only after issuing the bill of entry (BoE). Hence, taxpayers must access the bill of entry on the portal to avail input tax credit seamlessly. The GST Network (GSTN) provides a framework to taxpayers for finding the relevant bill of entry.

Posted in GST | 1 comments | 66078 Views

All about PAN and TAN

CA Sachin Jain 30 May 2022 at 08:27

You must have heard about PAN & TAN but got confused - What is it and are they really different?

Posted in Income Tax | 3 comments | 3927 Views

What is Import Export Code (IEC)?

CA Sachin Jain 16 May 2022 at 08:39

Let us know about the significance of IEC and how to obtain the IEC number

Posted in Others | 2 comments | 2790 Views

Don't forget to Update UDIN on e-Filing Portal by 30th April 2022

CA Sachin Jain 30 April 2022 at 08:55

As per records, Income Tax Department has noticed that some Forms are pending for UDIN update on the e-Filing Portal. Kindly update UDIN against pending forms on or before 30th April 2022.

Posted in Income Tax | 5 comments | 6822 Views

Notice from Customs for recovery of Drawback on Non-Realisation of Exports Proceeds

CA Sachin Jain 15 April 2022 at 17:32

Lot many exporters have started receiving notice from Customs department for recovery of Drawback

Posted in Custom | 3996 Views

All you need to know about: Refunds under GST

CA Sachin Jain 07 December 2021 at 20:34

In any tax laws, refunds are most sought after thing for the taxpayers, so is in GST. Since the commencement of GST regime, refunds has always been a hot topic of discussion as there are several issues, confusion and mis-conceptions.

Posted in GST | 6 comments | 7449 Views