UAE Vs OMA | Match 4 Oct 18, 2019
UAE 108/9 (20.0)
Latest News on Gst Refunds
Showing of 0 - 10 from 16 results
Gst Refunds - Total results - 16
Aug 24, 2019
US industry hails India's mini-Budget, proposed reforms to provide stimulus for economy; sees investment atmosphere improving"As a package, the proposals will strengthen India's position as a global investment destination," US India Business Council president Nisha Desai Biswal said
Aug 24, 2019
Nirmala Sitharaman rolls back tax hike on investors, outlines steps to boost sentiment; industry hails moveSitharaman also outlined a raft of measures including some for the crisis-hit autos sector, small businesses, and the troubled shadow banking sector
Aug 23, 2019
Nirmala Sitharaman rolls back surcharge on FPIs and domestic investors, announces measures to boost economyArray
Jun 20, 2019
Govt identifies 5,106 'risky exporters' who fraudulently claimed GST refunds based on bogus invoicesThe government on Thursday said it has identified 5,106 "risky exporters" so far who have claimed GST refunds based on bogus invoices, and would manually check their claims before issuing refunds
May 26, 2019
Single authority for sanctioning and processing GST refunds in offing, new structure to come up likely by AugustCurrently, the time taken to clear refund amount gets longer leading to liquidity crunch for exporters—an issue that the proposed single mechanism for refund clearing intends to fix.
May 13, 2019
Automated GST refunds for exporters by next month as revenue department plans to introduce faceless scrutinySince the GST Network (GSTN) systems are integrated with Customs, hence, refunds are generally transferred to the bank accounts of such exporters within a fortnight.
Dec 03, 2018
Govt clears Rs 91,149 cr GST refunds to exporters so far; Rs 6,053 cr still pending: Finance ministry"Total GST refunds to the tune of Rs 91,149 crore have been disposed by CBIC and state authorities out of the total refund claims of Rs 97,202 crore received so far. Thus, the disposal rate of 93.77 percent has been achieved," the finance ministry said.
Oct 13, 2018
GST refunds: Finance Ministry refutes 'exaggerated, inaccurate' reports; says actual pending amount is Rs 2,077 crWhile a large number of exporters were granted GST refunds, a few claims are pending due to deficiencies found in claims, the Finance Ministry said.
Sep 05, 2018
GST: Finance ministry simplifies tax refund claim process for businesses to ease compliance burdenEasing compliance burden for businesses, the Finance Ministry has said GST refunds can be claimed by simply submitting a printout of 'GSTR-2A' form to tax authorities instead of giving all purchase invoices of a month
Jul 27, 2018
Govt must make efforts to implement e-wallet scheme for exporters by October, says Parliamentary PanelUnder the e-wallet mechanism, a notional credit would be transferred to exporters' accounts based on their past record and the credit can be used to pay taxes on inputs.