Search For "refund claims"
"A scenario of massive litigation and blackmail": Experts react to US Supr
Updated : 3 weeks ago IST
The landmark 6-3 ruling by the US Supreme Court striking down emergency tariffs has sent ripples through the global trade community. While the ruling curtails executive power, the immediate introduction of a 10 per cent uniform levy under Section 122 has drawn sharp reactions from trade, leg
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National Consumer Helpline recovers Rs 45 crore in refunds for consumers o
Updated : 2 months, 2 weeks ago IST
The National Consumer Helpline (NCH) helped people across India get back Rs 45 crore in refunds during a recent eight-month period. According to a press release from the Ministry of Consumer Affairs, Food & Public Distribution, the helpline successfully solved 67,265 complaints related to re
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New Income Tax Bill provides flexibility for refunds if return filed late,
Updated : 7 months ago IST
The new Income Tax bill, which was passed by Lok Sabha on Monday, provides flexibility for allowing refund claims in cases where the return is not filed in due time and reduces the time period for filing TDS correction statements to two years from six years as provided in the Income Tax A
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931 GST fraud cases identified through data analytics
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 13 (ANI): The Department of Revenue has identified 931 cases of fraudulent Goods and Services Tax (GST) refund claims and tasked the GST Data Analytics Wing to scrutinise all past and pending cases filed across the country for inverted duty structure, sources said o
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Delhi: Two persons arrested in cases of fraudulent IGST refund claims
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 16 (ANI): Two persons were arrested by the Directorate General (DG) of GST Intelligence in alleged cases of fraudulent IGST refund claims on Friday.
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Centre clears GST refunds worth Rs 91,149 crore
Updated : 7 years, 3 months ago IST
New Delhi [India], Dec 3 (ANI): The Centre on Monday said Goods and Services Tax (GST) refunds to the tune of Rs 91,149 crores have been disposed by the Central Board of Indirect Taxes and Customs (CBIC) and state authorities out of the total refund claims of Rs 97,202 crore received so far,
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Govt circular prescribes procedure for sanction of pending IGST refund cla
Updated : 7 years, 9 months ago IST
New Delhi [India], May 30 (ANI): A validation has been introduced in the Goods and Services Tax Network (GSTN) system by the Ministry of Finance, which ensures that the Integrated Goods and Service Tax (IGST) paid on the export goods in any particular month is not less than the refund cla
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