so last one for today when the ‘gang’ discusses Dixie’s job offer. She’s torn, even though her friends encourage her to take it. Hard decision to make. *sighs*
Los Ángeles y todas las ciudades que están en la costa oeste de los Estados Unidos de América han sido lugares excelentes para las exportaciones panameñas.
Con el Tratado de Promoción Comercial, la segunda ciudad más grande de este país está a tu alcance y con una consultoría en materia de exportaciones lograrás que tu producto llegue.
Adolfo L. Suárez A. - Consejerías de Comercio Exterior.
Explore our booth at Domotex Middle East 2024! Jin Yi Yuan, a leading Chinese homogeneous flooring manufacturer, is here once again. With top-notch innovation and a slew of certifications including ISO 9001, 14001, SGS, and Reach. Join us in Dubai.
Suzhou’s international profession maintains the audio momentum of stability and development in the New Year.
A China-Europe freight train filled with refrigerators and cleaning devices departed from the Jiangsu (Suzhou) International Railway Logistics Center江苏(苏州)国际铁路物流中心 recently. It will leave through the Alataw Pass in northwest China’s Xinjiang Uygur self-governing region and is estimated to…
Export of goods and services under the Goods and Services Tax (GST) regime involves complying with various procedures and documentation requirements. Here's a step-by-step guide on how to export goods and services under GST:
Obtain an Import Export Code (IEC): Before exporting goods or services from India, the exporter needs to obtain an IEC from the Director General of Foreign Trade.
Determine the GST applicability: Check whether the goods or services are taxable or exempt under GST. Export of goods and services are zero-rated under GST, meaning the tax rate is 0%.
Pay GST on inputs: Exporters can claim a refund of GST paid on inputs or input services used in the production of exported goods or services.
Declare export in GST return: The exporter should declare the export of goods or services in the GST return. The exporter must file GSTR-1 by the 11th of the following month after the export.
File refund claim: Exporters can file a refund claim for the GST paid on inputs or input services used in the production of exported goods or services. The refund application should be filed in FORM GST RFD-01.
Verification and sanction of refund: The GST authorities will verify the refund application and sanction the refund after due verification.
Prepare export documentation: Prepare export documentation, including invoice, packing list, and shipping bill, as per the requirements of the export destination country.
Submit shipping bill: Submit the shipping bill to the customs authorities after verifying the details.
Clearance of goods: The customs authorities will examine the goods and clear them for export after verifying the documents.
In conclusion, exporting goods and services under GST involves complying with various procedures and documentation requirements. It is important to follow the prescribed procedures and deadlines to avoid any penalties or legal consequences.
BREAKING: Nigeria's foreign trade fell to N11.6 trillion
BREAKING: Nigeria’s foreign trade fell to N11.6 trillion
Nigeria’s foreign trade totaled N11.59 trillion in the third quarter of 2022, a 9.7% decrease from the N12.84 trillion reported in the second quarter.
However, this is a 10.7% increase over the N10.47 trillion reported in Q3 2021. The National Bureau of Statistics’s recently issued report on foreign commerce includes the most recent statistic (NBS).
The sharp decrease in crude oil export revenues…
Foreign Trusts Pose Headaches for US Transferors and Beneficiaries
Foreign Trusts Pose Headaches for US Transferors and Beneficiaries
Foreign Trusts Pose Headaches for US Transferors and Beneficiaries
Although foreign trusts can provide greater asset protection, they can also create tax problems for US residents, citizens, and entities including corporations and partnerships, according to Jimmy Sexton, Esquire Group’s Jimmy Sexton.
US clients have been using foreign trusts and foundations as a means of protecting their assets…