Search For "refunds"
DGGI books case against some firms for fraudulently claiming IGST refunds
Updated : 6 years, 2 months ago IST
New Delhi [India], Mar 7 (ANI): The Directorate General of GST Intelligence (DGGI) on Friday booked a case against Aastha Apparels Pvt Ltd and other companies for fraudulently claiming Integrated GST (IGST) refunds on the export of goods to the tune of more than Rs 61 crore.
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No more 5-7 business days for refunds, Razorpay launches Instant Refunds
Updated : 6 years, 4 months ago IST
Bengaluru (Karnataka) [India] Jan 16 (ANI/NewsVoir): Amping up the online payment experience for consumers, Razorpay, the leading full-stack financial services company, today launched a new product, Instant Refunds for businesses.
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Over 1,200 exporters untraceable, Rs 350 crore fake IGST refunds saved
Updated : 6 years, 4 months ago IST
New Delhi [India], Jan 15 (ANI): A recent analytics-driven probe into Goods and Services Tax (GST) refunds has led investigators to detect more than 1,200 untraceable exporters, saving the exchequer of over Rs 350 crore in refunds under payment.
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Officials discuss ways to streamline GST system, curb evasion
Updated : 6 years, 4 months ago IST
New Delhi [India], Jan 7 (ANI): Revenue Secretary Ajay Bhushan Pandey held a day-long brainstorming session on Tuesday with commissioners of state and central taxes to discuss how the Goods and Service Tax (GST) system can be streamlined for faster refunds, enhanced compliance and discourage
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Officials to meet on Jan 7 for streamlining GST refunds, curbing evasion
Updated : 6 years, 4 months ago IST
New Delhi [India], Jan 2 (ANI): Revenue Secretary Ajay Bhushan Pandey will hold a day-long brainstorming session on January 7 with commissioners of state and central taxes to discuss how the Goods and Service Tax (GST) system can be streamlined for faster refunds, enhanced compliance and dis
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Over Rs 1.12 lakh crore paid as IGST refunds to exporters: CBIC
Updated : 6 years, 4 months ago IST
New Delhi [India], Dec 30 (ANI): The Central Board of Indirect Taxes and Customs (CBIC) on Monday said that it has paid IGST refunds worth over Rs 1.12 lakh crores to more than 83,500 exporters till date.
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Economic reforms showing impact, says govt giving a recap of steps taken
Updated : 6 years, 5 months ago IST
New Delhi [India], Dec 13 (ANI): Finance Minister Nirmala Sitharaman said on Friday the government has taken concrete measures to implement a planned economic strategy for achieving the five trillion dollar GDP goal by 2024.
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Processing of Income Tax refund returns witnessed 20 per cent increase, sa
Updated : 6 years, 5 months ago IST
New Delhi [India], Dec 4 (ANI): The Central Board of Direct Taxes (CBDT) has said that there has been a 20 per cent increase in processing of Refund returns for the current assessment year as compared to the same period in the previous year.
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RBI proposes norms to regulate payment gateways and aggregators
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Sept 18 (ANI): In a bid to make digital payments safer and transparent, the Reserve Bank of India (RBI) has proposed to regulate payment gateway service providers and aggregators in online transactions.
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Delhi: Racket busted, 4 held for issuing fake invoices to avail tax refund
Updated : 6 years, 8 months ago IST
New Delhi [India], Sept 14 (ANI): Four people were arrested for issuance of invoices without actual supply of goods and thereafter availing fraudulent Input tax credit for seeking Integrated Goods and Service Tax refunds, Finance Ministry said on Saturday.
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CBIC to ensure IGST refunds to all genuine exporters
Updated : 6 years, 11 months ago IST
New Delhi [India], June 20 (ANI): Central Board of Indirect Taxes and Customs (CBIC) on Thursday informed that all genuine exporters will continue to get their Indirect Goods and Services Tax (IGST) refunds in a timely manner in a fully automated environment.
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Microsoft offers refunds for Band users, kills Health Dashboard apps and s
Updated : 7 years, 2 months ago IST
Washington [USA], March 2 (ANI): Microsoft has announced that it is putting to rest its Microsoft Band and Microsoft Health Dashboard apps and services. The services will be defunct on May 31, 2019.
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