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DRAWBACK CLAIMS
50 AQI, overtime pay, on-time trains: Indian techie shares everyday perks of living in JapanAn IIM Kashipur alumnus, Ankit Purohit, shared insights into life in Japan, highlighting its clean air, incredibly punctual trains, and a d...- Gurugram sessions court grants a 7-day remand to Punjab Minister Sanjeev AroraPunjab Minister Sanjeev Arora was remanded for seven days by a Gurugram court following his arrest by the Enforcement Directorate in a Rs 1...
- ED arrests Punjab minister Sanjeev Arora in Rs 100 crore money laundering caseThe Enforcement Directorate (ED) on Saturday arrested Punjab minister Sanjeev Arora in connection with an ongoing Rs 100 crore money launde...
- Goods moved from SEZs to domestic markets treated as imports; duty drawback applicable on re-exportsNew Delhi has clarified a key point for exporters. Goods moved from SEZ units to the domestic market, after paying duties, will now be cons...
- Pick your own health cover: How custom plans work and their hidden downsidesA health plan consists of a base plan and riders or add-ons. Earlier, the base plan comprised fixed features that could not be changed, and...
- Trump's abrupt Iran reversal exposes limits of his leverageIran war: Donald Trump's dialing down of extreme threats towards Iran was a decision made amid a backdrop of soaring tensions and volatile ...
- How to claim refunds more efficiently under the Duty Drawback SchemeThe key benefit of the scheme is that it gives rebates on Customs and Central Excise chargeable on any imported or excisable materials used...
- CBIC asks officers to clear pending Customs, drawback refund claims by month-endThe Central Board of Indirect Taxes and Customs (CBIC), the apex decision making body in customs matters, has issued an instruction to all ...
- CBIC orders special drive for processing pending refund/ drawback claims from May 15-31The Board issued instructions to all field units of customs and central tax on May 13, to prioritise processing and disposal of all pending...
- In push for exporters, government claims will be cleared within shorter period nowThe government said that the duty drawback claims have to be processed within a timeframe. The time frame was reduced from 7 days to three ...
- CBIC orders customs refunds & drawbacksThe directive to field offices follows the finance ministry’s Wednesday order of immediately releasing Rs 18,000 crore in pending income ta...
- 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.
- Textile exports badly hit by delay in release of duty drawbackThe delay in the release of duty drawback since five months is mainly attributed to non-availability of funds with the customs.
- Time limits for exporters to claim duty reimbursement extendedThe government today relaxed the rules for exporters by increasing the time limit for them to reclaim taxes on imported goods that are re-e...
- Customs makes drawback easier for exportersIndian exporters now need to maintain only one core-banking enabled bank account at the national level for payment of drawback shipping bil...
- Finmin asks customs dept to scrutinise SEZs' tax claimsThe finance ministry has urged customs officials to check duplication of drawback claims on supplies made to special economic zones (SEZs).
- Govt to cut paperwork for exporters' tax refundThe Central Board of Excise and Customs (CBEC) has notified the measure after exporters expressed to the government their inconvenience.
- Exporters to get additional duty drawbackIn a move that will expedite payment of pending drawback amount to exporters, the finance ministry has agreed to provide additional duty dr...
- Exporters to get extra drawback sans fresh documentsIn a move that will expedite payment of pending drawback amount to exporters, the finance ministry has agreed to provide additional duty dr...
- CBI conducts raids on 20 exporters in Delhi, Mumbai, JaipurThe CBI on Friday conducted searches at 30 places in Delhi, Mumbai, Jaipur and Nawanshahr in Punjab in connection with fraudulent transfer ...
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