Even though the government is claiming that in the GST, exporters started receiving online refunds, but the reality is different.
Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
Even though the government is claiming that in the GST, exporters started receiving online refunds, but the reality is different.
The GSTN system handles the IT infrastructure for GST regime, is soon going to unveil an online application for claiming the refunds.
Kerala High Court in its ruling carried that the demand for a late fee for belated GSTR 9C is invalid as the Central Goods and Service Tax ( CGST ) notification exempted the same and permitted the refund of the late fee paid. The court, the applicants shall not be authorized to claim a refund […]
In Tamil Nadu, particularly in Erode and nearby regions, more than 100 power loom weavers, have claimed for the payment of GST refunds for the tax they paid over approximately 13 months in 2017-2018. B. Kandavel, the organizing secretary of the Federation of Tamil Nadu Powerlooms Associations, recently informed that in Erode alone, 120 weavers […]
The Honorable Delhi High Court, in the matter of M/s. Indian Herbal Store Pvt. Ltd. vs. Union of India [W.P.(C) 9908/2021 and W.P.(C) 9912/2021 dated September 15, 2023], granted the writ petition and ruled that Rule 89(4)(C) of the Central Goods and Services Rules, 2017 (“the CGST Rules”) should not be applied retrospectively. The Honorable […]
Telangana government while outwarding the budget for Rs 58.3 million (~$789,059) for the refund of two solar projects beneath the state goods and services taxes (SGST) as well as Value Added Taxes (VAT). Pratamesh Solarfarms Limited, a subsidiary of ReNew Power has been approved with the amount of Rs 26.072 million (~$352,847). Also to the […]
In the second week of April 2020, the Income-tax department asked taxpayers to keep their e-filing account safe, and the Income-tax department along with CIBIC asked taxpayers to beware of phishing attacks in which emails will be received regarding a refund. A phishing attack is not the only thing to concern in this situation, GST […]
In the wake of the country’s current situation where the entire economy has collapsed due to the COVID-19 outbreak, the Indian government has taken another big step favoring the businesses and taxpayers. The government on Wednesday declared that it is going to release ‘Custom Refunds’ for around 1 lakh businesses including MSMEs View the impact […]
GST is about to get a year old. And post discussions and reviews, the Central Government is set to introduce a total of 35 amendments.