The government is preparing to provide a major relief to the textile and footwear industries with the rollout of an automatic GST refund system from October 1, ET NOW reported citing sources. The ...
The law permits refund of input tax credit on exports due to their zero-rated nature. The discussion clarifies refund ...
15hon MSN
'Working capital blocked': Industry flags GST inverted duty burden in letter to FM Sitharaman
The inverted duty structure arises when the rate of tax on inputs exceeds that on output supplies, leading to accumulation of ...
Section 54 provides a complete framework for GST refunds, including timelines and conditions. Courts have clarified strict ...
In a sharp reminder to tax authorities to strictly follow statutory procedure, the Bombay High Court has set aside an order rejecting a Rs 23.67 crore GST refund claim of Golden Cryo Pvt. Ltd., ...
AiMeD’s wants the government to come good on its promise to refund excess GST within seven days, a commitment the industry ...
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