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GST REBATE
Uttarakhand hoteliers seek tax rebates as rains wash out businessUttarakhand hoteliers face significant losses due to damaged access roads to popular destinations like Dehradun and Mussoorie, resulting in...- RoSCTL helping boost exports, employment: AEPCThe Rebate of State Levies scheme, after the introduction of GST in 2017, was replaced by RoSCTL.
- Centre extends RoSCTL scheme for export of garments, apparelsWith a view to boost exports and job creation in the textile sector, the government has approved the continuation of the Scheme for RoSCTL ...
- India's life insurance industry seek tax break on protection policiesThe Life Insurance Council is lobbying for a lower rate of GST ahead of the union budget, from the current 18% to the 5% slab for protectio...
- Brokers’ body bats for higher limits on LTCG, dividendsIndia’s stock brokers have sought higher rebate ceilings for long-term capital gains taxes (LTCG) and an exemption of individual dividend t...
- Gujarat HC denies Integrated GST rebate to advance authorisation license holdersHolders of advance authorisation licenses were entitled to import raw materials without payment of integrated GST and rebate of IGST. The g...
- Now military officers cannot buy discounted cars from canteens worth over Rs 12 lakhThe Army’s QMG branch on May 24 directed that officers would be able to buy cars worth up to only Rs 12 lakh, excluding GST, and with an en...
- Refund issues play havoc on exporters’ bottomline in post-GST era, seek relief from Delhi HCAs far as Advance Authorisation (AA) is concerned, there is a benefit of exemption from payment of IGST on imports.
- One year of GST: For export-oriented IT industry, challenges remain around refundsIndia today is globally the top outsourcing destination accounting for more than half of the market share.
- Govt announces measures to boost garment exportsThe government has also doubled the rates for incentives under an export promotion scheme -- MEIS -- to 4 per cent for readymade garments a...
- Call to quash dividend tax, reduce STTThe Association of National Exchanges Members of India has drawn up a 5-point agenda for the Ministry of Finance’s consideration.
- 'GDP growth to slow down to 6 pc in Q1, better to track GVA'Explaining the lower GDP growth as against the GVA growth, it said a large subsidy outgo will likely depress the net indirect taxes (NIT) g...
- No sops on imported equipment for Apple: Nirmala SitharamanNirmala Sitharaman also told the Lok Sabha that all existing exemption from excise to CVD will also be reviewed by the GST Council.
- India's exports expected to grow 15-18%: Rahul Mehta, President, CMAIThere is an increasing export potential to South America and European markets feels Rahul Mehta, President, CMAI
- Apparel exporters urge Finance Ministry to restore previous ROSL rateIn a statement, Apparel Exports Promotion Council (AEPC) said it has asked the Ministry of Finance to restore the ROSL rate at 3.9 per cent.
- Restaurants and fast-food joints could make you pay for 12% GST burdenA large number of fast-food joints, which are unclear which way their annual turnover will swing, may choose to collect 12%.
- Common man may find 12% GST rate on food items a bit hard to digestThe GST rate for AC restaurants with bar license is fixed at 18%, but there is no clarity on how much tax AC restaurants without the bars h...
- Madras School of Economics experts call for eco-tax in GSTEnvironmental considerations should be taken care of in the proposed GST regime in the form of an eco-tax so as to encourage green practice...
- Govt lost Rs 71,255 cr on rebates, exemptions in FY'09: MoS FinanceThe government lost Rs 71,255 crore on tax rebates and exemptions awarded to corporates and non-corporates in the 2008-09 fiscal, Minister ...
- GST could solve DEPB issue, finallyThe duty entitlement passbook (DEPB) scheme, introduced with the ostensible purpose of refunding Customs duty to exporters, is serving the ...
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