Mumbai sees Rs 6,467cr refunds under GST

Mumbai sees Rs 6,467cr refunds under GST

Mumbai: Since the launch of the goods and services tax (GST), the three customs zones in Mumbai have disbursed integrated GST — or IGST — refunds of Rs 6,467 crore so far. The chief commissioners of customs and GST, Mumbai zone, on Monday said 6,063 input tax credit (ITC) applications involving Rs 1,615 crore were filed with central GST offices till date. Of this, 5,224 claims involving a refund of Rs 1,425 crore have already been disbursed.

Source: https://timesofindia.indiatimes.com/business/india-business/mumbai-sees-rs-6467cr-refunds-under-gst/articleshow/64548664.cms

Print Friendly, PDF & Email

Leave a Reply

Your email address will not be published. Required fields are marked *