News & Media 29th Dec 2022
In the latest circular by the Central Board of Indirect Taxes & Customs (CBIC), an unregistered buyer (mostly an individual customer) will need to get temporary registration on the GST portal to get the tax refund in case of cancellation of a flat booking or insurance policy and exhaustion of time period of issuance of credit note by the concerned supplier.
Against the backdrop, Economic Laws Practice (ELP)’s partner Gopal Krishna Mundhra has been quoted in The Hindu Business Line article where he shares his views on the time limit prescribed for filing the refund application.
Read the detailed comment here: Click here