Delhi HC quashes Rs 96 lakh penalty imposed on PayPal, directs to comply with obligations under PMLA batonrougepost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from batonrougepost.com Daily Mail and Mail on Sunday newspapers.
The agency received input that Agarwal had incorporated and used dummy entities for remitting funds to Dubai-based companies without availing any services as previously declared by him to Authorised Dealer (AD) banks.
Mumbai News: ED Seizes 2 Borivali Flats Worth ₹2 83 Cr Of Bhupesh Agarwal & His Wife Under FEMA Act freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
At a time when India’s merchandise exports have been declining for the last five consecutive months, tax experts suggest five key changes in GST regulations to provide relief for exporters to enhance their global competitiveness.
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Experts suggested that it is important the government bring some clarity whether exporters will have to pay GST on reverse charge mechanism with respect to bank charges which have been deducted by overseas bank, when importer remits the sales proceeds.