Tag: GST Refund
GST NEWS
Taxmen delay GST refunds on ‘flimsy grounds’ amid revenue crunch, companies allege
Taxpayers and accounting professionals have complained that GST refunds have been delayed on flimsy grounds by officers. Federation of Indian Export Organisation President, Sharad...
GST NEWS
Glitch in GST portal fixed, taxpayers can file for refunds
The GSTIN has resolved the issue after it was reported that tax payers and professionals were unable to access the data related to July...
GST NEWS
Fake GST refund claims: FinMin to crack the whip against over 1,400 ‘risky exporters’
The Finance Ministry had taken a strict action against the ‘risky exporters’ whose GST refunds are not untraceable. According to sources, 1,474 risky exporters...
GST NEWS
1,377 ‘risky exporters’ who claimed Rs 1,875 cr GST refunds not traceable in principal place of biz
A massive verification exercise had been done by the Government after identifying 7516 ‘risky exporters’. It has been found that more than 1,300 exporters...
GST NEWS
Exporters facing GST refund issues as govt makes invoice matching compulsory for input tax credit
A recent circular issued by government had created problems for the exporters. It says that for claiming refund, the matching of invoices from vendors...
GST NEWS
CBIC clears Rs 11,052 cr GST refund claims since April 8
On Monday, the CBIC had informed that it had released GST refund claims worth Rs.11,052Crore in 47 days. It was tweeted by CBIC that...
GST NEWS
Jio, Airtel, Voda Idea seek GST input credit dues or soft loans against pending refunds
According to sources, the telecom companies Reliance Jio,InfocommBhartiAirtel, and Vodafone Idea have approached the government. They had raised a demand seeking refund of unutilized...
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