TMI BlogOver 90 Percent Refund Claims Disposed by CBICX X X X Extracts X X X X X X X X Extracts X X X X ..... Over 90 Percent Refund Claims Disposed by CBIC - Goods and Services Tax - GST Dated:- 5-7-2019 - News - The Union Minster of Finance and Corporate Affairs, Nirmala Sitharaman said that during th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e second refund fortnight, ₹ 6,087 crore IGST refunds and ₹ 1, 548 crore ITC refunds were sanctioned by CBIC. Presenting the Union Budget 2019-20 in Parliament today, she said that in case ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of IGST refunds for goods exported out of India, the percentage of amount of refund claims disposed by CBIC is already more than 90%. The Finance Minister further said that merch ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ant exporters have to pay nominal GST of 0.1 percent for procuring goods from domestic suppliers for export. This was done in order to provide a big thrust to the growth of the export sector and resol ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ve their working capital issues. The permanent solution to cash blockage is e-Wallet scheme which is proposed to be launched with effect from 01.04.2020. Nirmala Sithara ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... manstated that e-way Bill system for inter-State movement of goods has been implemented from 01.04.2018. This system, for intra-State movement, has also been brought into force in a staggered manner b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y 16.06.2018. Till 31.05.2019 around 66.45 crore e-waybills have been generated including 37.11 crore e-way bills for intra-State movement. - News - Press release - PIB Tax Management ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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