Refunds can now be claimed irrespective of the Demand ID status. efunds are allowed even when the cumulative balance is positive or zero, provided any minor head has a negative balance ...
CBIC Chairman Sanjay Kumar Agarwal said the scheme will cover both central and state jurisdictions, and apply in cases where ...
Bihar Deputy Chief Minister and head of GST Panel Network, Sushil Kumar Modi said that, in GST Network regime, everything has been simplified. Earlier in VAT regime, more than 60 percent work wad done ...
The Indian government has restricted provisional GST refunds for businesses that have not completed Aadhaar authentication or deal in specific goods like tobacco, pan masala, and areca ...
The GST Council's decision to process refunds within seven days is commended by the Federation of Indian Export Organisations (FIEO) as it will alleviate liquidity stress for exporters. This measure ...
The Finance Minister will determine the final transition date for revised rates on these items, underscoring their fiscal significance.
The GST Council has decided to simplify the GST registration process for small and low-risk businesses, introducing an ...
Currently, manufacturing exporters and suppliers to SEZ, who want to claim a refund of ITC, have to file an application in Form GST RFD-01A on the common portal and then manually submit a print out of ...
An industry executive who did not wish to be named said that if there is a risk of substantial amounts getting stuck within ...