The Bombay Chartered Accountant Society (BCAS) has requested for at least a three month deadline extension of the Goods and Services Tax (GST) annual return using GSTR-9 and GSTR-9C form for FY ...
This explains how non-realisation of export proceeds within FEMA timelines leads to GST refund reversal and interest liability. The key takeaway is that exporters must track realisation deadlines ...