CBEC Denies any Holding of Customs, Excise Duty and Service Tax Refunds/Drawbacks

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... CBEC Denies any Holding of Customs, Excise Duty and Service Tax Refunds/Drawbacks
News and Press Release
Dated:- 11-3-2014

The Central Board of Excise and Customs (CBEC) has denied the r .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... eport that the Customs, Excise Duty and Service Tax refunds/drawbacks are being held-up by the Department. This was mentioned in a certain section of media attributing to a statement by President, Fed .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... eration of India Export Organisations (FIEO) to the effect that Customs, Excise Duty and Service Tax refunds/drawbacks are being held-up by the Department. This is not correct. The following stateme .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nt will indicate that more amounts have been refunded in 2013-14 compared to the corresponding period in the previous year. For the period April - February (Rs. in crore) Head 2012-13 2013-14 In .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... crease (%) Customs 14867 18144 22.0 Central Excise 17884 23154 29.5 Service Tax 1328 2111 58.9 Total 34079 43409 27.4
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X