We are dealing with exempted goods . In 2021 we had an export and for some reason it was inadvertantly filed zero rated goods . in 2025 gst office flagged it and raised an order to pay the taxes . We have all documentation of the export from customs.
Is it possible to rectify the filing?
What is the best way to deal with the situation?
Menu
Exmepted goods filed under zero rate goods
Replies (1)
1.Review Documentation with all customs dcumentation of the export available, verify the nature of the goods (exempted vs.zero-rated).
2.Consult Tax advisor to determine the best course of action for rectification or to dispute the demand if applicable.
3.Rectification Process: Check if there is a provision for amending or correcting the filing under GST rules.
Recent Topics :
- How do CA firms track SEBI/AMFI circulars and dead
- Jurisdictional validity of Sec 148 notice after fa
- Taxable Income or Not
- GST Input Tax Credit (ITC) on Camera Purchase &
- What makes CA Himanshu Singla different from other
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
- Question on buy back of shares
- Saving corporate tax completely on profit from rea
Related Topics :
CAclubindia
