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News
GST refunds
GST refunds News
GST refunds
26 Sep 2021
GST new rule: Aadhaar authentication now mandatory for GST refunds
CBIC has introduced several anti-evasion measures. GST refunds will now be disbursed in PAN-linked bank accounts of filers. CBIC will amend Rule 59(6) of the Central GST Rules with effect from January 1, 2022.
GST refunds
25 May 2020
GST refunds of Rs 11,052 crore cleared; 29,230 claims disposed of
The finance ministry had on April 8 said that to provide relief during COVID-19 it has been decided to issue all pending GST and custom refunds which would benefit around 1 lakh business entities, including MSME.
GST refunds
20 Jun 2018
Government clears pending GST refunds to tune of Rs 38,062 crore till June 16
CBIC had conducted a refund fortnight from May 31 to June 14, which was later extended by 2 days to June 16.
GST refunds
30 May 2018
Exporters' GST refund: FinMin says only Rs 14,000 crore pending
So far, the government has sanctioned more than Rs 30,000 crore as GST Refund.
Exporters GST
16 Nov 2017
Exporters can now file GST refund claim manually: CBEC
In October, the CBEC had started refunds for merchandise exporters who had paid IGST and claimed refund based on shipping bill by submitting Table 6A.
Exporters GST
13 Oct 2017
Exporters to get GST refund in bank a/c filed with customs
For claiming the refunds, exporters have to fill Table 6A while filing GSTR-1 for July, August and September.
GST taxes refund
22 Sep 2017
Looking at ways to ensure timely refund of taxes: Finance Ministry
For July, where GSTR 1 form has been already filed by businesses, it said the authorities would be in a position to process the refund applications.
GST exporters
12 Sep 2017
'Exporters in serious fiscal crisis due to GST refunds delay'
Many exporters were on the verge of closure due to draining of working capital, since blockage of funds on account of GST was exorbitant, he said in a press release.
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