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GST REIMBURSEMENT
ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...- Delhi HC rules EY US secondment fees taxable in India, MNCs face higher costs for foreign talentMultinational corporations in India face a new tax challenge following a High Court ruling against EY US. The court determined that payment...
- Emerging cities becoming strategic hubs for expansion beyond traditional metros: ReportIndia's global capability centres are expanding beyond major cities. Emerging locations are now key for company growth. This shift is drive...
- Karnataka invites fresh applications under startup grant programKarnataka's IT/BT department has reopened applications for its Elevate startup support program, offering grants up to Rs 50 lakh. This year...
- SC reviews GST on costs paid to municipal bodiesThe Supreme Court will review if GST applies to companies paying municipal bodies for road restoration after utility work. This follows a G...
- Top private hospitals may drop out of government health plansPrivate hospitals in India are feeling the pinch as government health schemes yield diminishing returns. This downturn provokes a critical ...
- Carrier Global to invest ₹863 cr in chiller making plant in Andhra PradeshCarrier Global will invest ₹863 crore to build a state-of-the-art chiller and cooling systems manufacturing facility at Sri City near Tirup...
- Reliance Industries to set up India’s largest data centre cluster in Andhra PradeshRIL is set to invest ₹1.6 lakh cr (over $17 bn) to develop a 1.5 GW AI-focused data centre cluster along with a captive solar and battery s...
- GST Council to discuss industry demand of full CGST, 50 pc IGST refund in 11 hill statesStates are showing reluctance to reimburse their portion of the Central Goods and Services Tax (CGST) and Integrated Goods and Services Tax...
- Complete GST Chain To Boost ExportsA more efficient way is to bring all indirect taxes under GST. It will enable exporters who have paid embedded taxes in the value chain end...
- GST applicable on credit card expenses incurred by employees of MNCs' India arms, rules AARAs per the details of the case, ICU Medical Inc had provided credit cards to employees of its India subsidiary for incurring business-relat...
- Sarbananda Sonowal seeks simpler GST reimbursementHimanta Biswa Sarma, Assam's finance minister, said that the state will develop rules and guidelines on refunds to industrial units under t...
- GST reimbursement scheme on fast track, says governmentThe number of product-wise exceptions has been pruned under the new indirect tax framework, but area-based incentives will be exempt.
- GST Council agrees on five areas; differ over 1st meet decisionCurrently, the Centre exempts 11 states mostly in NE and hilly regions from excise duty as also many states give the same as incentive for ...
- Commerce dept seeks clarity on duty remission schemesThe commerce department has initiated discussion with the finance ministry on the fate of the various input duty remission schemes for expo...
- DEPB likely to be extended beyond Dec 31The popular tax incentive to exporters, duty reimbursement on imported inputs going into exports, is likely to be extended beyond the end o...
- Zero-rating to ensure exporters go tax-freeThe longstanding demand of exporters for an exemption from payment of all input taxes may finally be met once the new GST regime is impleme...
- States may be asked to help find DEPB replacementThe Centre plans to devise an alternative scheme to reimburse input taxes paid by exporters in discussion with states.
- Exporters still long way from tax refundsThe government is still unclear on handling exporters’ long-standing demand of getting a reimbursement of state-level taxes—levies which ac...
- Export incentives under DEPB scheme extendedIn a last minute decision, the government, on Monday, extended the duty entitlement pass book scheme - the popular import duty reimbursemen...
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