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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 X X X X Extracts X X X X X X X X Extracts X X X X ..... #8377; 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 of IGST refunds for goods e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xported out of India, the percentage of amount of refund claims disposed by CBIC is already more than 90%. The Finance Minister further said that merchant exporters have to pay nominal GST of 0.1 per ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cent 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 resolve their working capital issues. The permanent s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... olution to cash blockage is e-Wallet scheme which is proposed to be launched with effect from 01.04.2020. Nirmala Sitharamanstated that e-way Bill system for inter-State movement of goods has been im ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... plemented from 01.04.2018. This system, for intra-State movement, has also been brought into force in a staggered manner by 16.06.2018. Till 31.05.2019 around 66.45 crore e-waybills have been generate ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d including 37.11 crore e-way bills for intra-State movement. X X X X Extracts X X X X X X X X Extracts X X X X
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