Stating that the new verification exercise of input tax credit (ITC) is aimed at preventing unscrupulous exporters from defrauding the exchequer and bringing a bad name to the larger exporting community, the commissioner of customs-Goa and the principal commissioner of GST-Goa said that the central board of indirect taxes and customs (CBIC) would like to assure all genuine exporters that they would continue to get their integrated GST (IGST) refunds in a timely manner in a fully automated environment.
Haryana Finance Minister Capt Abhimanyu on Tuesday said that over two lakh new registrations have been added under the GST in the state since its roll-out to the existing base of 2.25 lakh payers under the erstwhile VAT.
The Micro, Small and Medium Enterprises (MSMEs) contribute 29 per cent to India’s GDP and generate employment opportunities for over 100 million people.
Indian minister of commerce and industry and railways Piyush Goyal recently reviewed the draft National Logistics Policy and the proposed action plan for implementing it prepared by the department of logistics under his ministry.
Mysore, July 2 (KNN) To facilitate the micro, small and medium enterprises (MSME) exporters of the region, Mysuru Industries Association (MIA) will very soon have an export centre which will act as an information provider regarding the exports.
The Reserve Bank modulates the system liquidity from time to time and undertakes liquidity operations as per requirement.