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Export Sales made by Private Limited Company but payment received by director.

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..... Export Sales of Service under the GST Regime was made by a Private Limited Company in the financial year 2022-23 under LUT. However, the payment of the said Export Sales was received from the foreign .....

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..... recipient by the Director in his own bank account instead of that of a company. What are the implications of this transaction in terms of receipt of payment. - Reply By Padmanathan Kollengode - The .....

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..... Reply = Have you claimed/ claiming refund of ITC? - Reply By KASTURI SETHI - The Reply = Dear Querist, This is not legally correct. You may face serious problems in FEMA .....

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..... and other Acts. Get it rectified at the earliest. - Reply By KASTURI SETHI - The Reply = In order to be safe, visit jurisdictional DGFT office and seek advice for remedy. - Reply By Shilpi Ja .....

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..... in - The Reply = Agreed. Pls consult a consultant who is an expert in FEMA matters. - Export Sales made by Private Limited Company but payment received by director. - Query Started By: - Marketing .....

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..... Services INDIALLP Dated:- 4-10-2023 Last Replied Date:- 8-10-2023 Goods and Services Tax - GST - Got 4 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion .....

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..... Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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