Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
fp-logo
Finance minister Piyush Goyal counters Amit Mitra's claim on pending GST refunds of exporters
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
  • Home
  • Business
  • Finance minister Piyush Goyal counters Amit Mitra's claim on pending GST refunds of exporters

Finance minister Piyush Goyal counters Amit Mitra's claim on pending GST refunds of exporters

press trust of india • July 10, 2018, 12:23:49 IST
Whatsapp Facebook Twitter

West Bengal finance minister Amit Mitra had recently claimed that a large number of exporters across the country were awaiting refunds to the tune of Rs 25,000 crore, which have been stuck due to the inability of the GST Network

Advertisement
Follow us on Google News Subscribe Join Us
Finance minister Piyush Goyal counters Amit Mitra's claim on pending GST refunds of exporters

Kolkata: Union Finance Minister Piyush Goyal on Monday countered the West Bengal Finance Minister Amit Mitra’s claim on pending GST refunds of exporters. “From 31 May to 15 June, all exporters were asked to claim a refund and most of those who applied were paid. For claims up to Rs 10 lakh, a self-certification was required. For those who claimed over Rs 10 lakh, were asked to provide a chartered accountant’s certificate. The state government must be knowing about that,” Goyal said. [caption id=“attachment_4215463” align=“alignleft” width=“380”] ![File image of union finance minister Piyush Goyal. Image courtesy: PIB](https://images.firstpost.com/wp-content/uploads/2017/11/PiyushGoyal380PIB.jpg) File image of union finance minister Piyush Goyal. Image courtesy: PIB[/caption] Mitra had recently claimed that a large number of exporters across the country were awaiting refunds to the tune of Rs 25,000 crore, which have been stuck due to the inability of the GST Network. There have been three lakh applications from exporters of the country, involving Rs 25,000 crore, which are awaiting refunds, Mitra, who is also a GST Council member, had said. To a question on Mitra’s allegation about the rise in hawala transaction due to lacunae in the GST automatic digitised process, Goyal said Mitra should make efforts to stop these illegal transactions. Mitra had said that as a result of GSTR 3B not being backed by invoices, “not only are we going completely manual, hawala transactions have also increased massively”. Mitra had cited the West Bengal government’s own studies which suggested “you are not putting invoices and there is no way to check it”. GSTR 3B is a tax return form mandatory for all those who have applied for Goods and Services Tax (GST).

Tags
Goods and Services Tax GST Exporters GST refunds West Bengal Finance Minister Amit Mitra Union finance minister Piyush Goyal
End of Article
Latest News
Find us on YouTube
Subscribe
End of Article

Top Stories

From jobs to growth, what’s at stake for India as Trump’s 50% tariffs kick in?

From jobs to growth, what’s at stake for India as Trump’s 50% tariffs kick in?

Trump's India tariffs take effect, nearly half of $87.3 bn of exports under 50% levy

Trump's India tariffs take effect, nearly half of $87.3 bn of exports under 50% levy

Did Hamas hide a camera inside the Gaza hospital struck by Israel?

Did Hamas hide a camera inside the Gaza hospital struck by Israel?

Trump’s new message to federal staff: Forced leave for criticising govt, Fema employees just got it

Trump’s new message to federal staff: Forced leave for criticising govt, Fema employees just got it

From jobs to growth, what’s at stake for India as Trump’s 50% tariffs kick in?

From jobs to growth, what’s at stake for India as Trump’s 50% tariffs kick in?

Trump's India tariffs take effect, nearly half of $87.3 bn of exports under 50% levy

Trump's India tariffs take effect, nearly half of $87.3 bn of exports under 50% levy

Did Hamas hide a camera inside the Gaza hospital struck by Israel?

Did Hamas hide a camera inside the Gaza hospital struck by Israel?

Trump’s new message to federal staff: Forced leave for criticising govt, Fema employees just got it

Trump’s new message to federal staff: Forced leave for criticising govt, Fema employees just got it

Top Shows

Vantage Firstpost America Firstpost Africa First Sports
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV