Union Budget 2019 India: Traders' body CAIT has sought simplification in filing the Goods and Services Tax (GST) return and also an extension in filing it by at least next three months from current last date of June 30.
The government will continue to take steps for further simplification of the Goods and Services Tax (GST), President Ram Nath Kovind said on June 20.
The Ministry of Industry and Trade (MoIT) officially launched an electronic certificate of eligibility (C/E) issuance system for garment and textile exports to Mexico.
NEW DELHI: Indian customs officials could soon get more powers to effectively deal with growing tax frauds of integrated goods and service tax credits.
The Union Budget of 2019-20 is scheduled to be presented on July 5 by the newly-elected Finance Minister - Nirmala Sitharaman. There are a lot of expectations regarding ease in the taxation norms and financial benefits from the Narendra Modi led NDA II government.
IGST refunds are automatically issued to exporters, based on shipping bills filed with customs and goods and services tax returns filed with central tax authorities.