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DUTY DRAWBACK
GST reforms: 38,700 exporters to get faster refunds, wider access to input tax creditsNearly 38,700 export taxpayers will become eligible for cash refunds on input taxes paid on services and plant and machinery under GST refo...- GST Council meeting 2026: What may change as GST 2.0 takes aim at ITC, refunds, arrest powers and other reformsGST Council Meeting 2026: The GST Council, meeting in New Delhi, is expected to propose significant reforms for tax administration. One ref...
- Indian SME pharma firms see shift of orders from China; cost, quality concerns remainSmall and mid-sized Indian pharmaceutical firms are witnessing a shift in orders away from China. As Western buyers diversify their supply ...
- GST Council may scrap arrest provisions, fast-track refunds with 90% automatic payoutThe upcoming 57th GST Council meeting on October 7 is set to unveil transformative proposals that could reshape GST regulations. Key sugges...
- Government hikes duty drawback for jewellery exportsThe duty drawback for gold jewellery and parts has been increased to ₹1,851.99 per gram from ₹773.17 per gram, while the rate for silver je...
- 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...
- 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...
- Decrease in duty drawback rates on garments might impact exports negatively, says SIMAIn the announcement, there is a marginal increase for several items of textiles and clothing products in the duty drawback rates.
- 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.
- Alstom India wins duty drawback spat at Gujarat High CourtThe verdict was passed following a writ petition filed by Alstom India which challenged the constitutional validity of these provisions at ...
- Hike in duty drawback rates for garment to boost exports: AEPCFinance Ministry has rationalised the duty drawback and brought more items under the scheme for tax refund to exporters to give a boost to ...
- AEPC to CBEC: Release duty drawback benefit to exportersApparel exporters today appealed to the revenue department to expeditiously release about Rs 500 crore duty drawback benefit to the exporte...
- Cut in duty drawback rates to impact engineering sector: CIIExpressing concern over cut in duty drawback rates for sectors like engineering, CII today said the move would erode competitiveness.
- Duty drawback rates hiked on most items eligible for sopsGovt announced increase in duty drawback rates -- refund of duties on imported inputs for export items -- on most of the products eligible ...
- FIEO for higher duty drawback on gold inputsExporters have urged Revenue Department to increase the duty drawback rates for the gems and jewellery sector in view of the rise in custom...
- Exporters expect govt to retain sops amidst tough goingThe reimbursement of import duty on inputs for exports is not as lucrative under the duty drawback scheme as the DEPB.
- Hike duty drawback rates: Commerce MinThe commerce department is pushing for an increase in refund rates under the duty drawback scheme, after the govt announced it was removing...
- MoF panel to review cut in duty drawbackDuty drawback rates for some sectors are up for review. The finance ministry has reconstituted the drawback committee to examine the rates ...
- Duty drawback scheme to cover more milesThe Centre is planning to extend the scope of the duty drawback scheme for exporters to cover more items and provide adequate neutralisatio...
- Govt eases duty drawback scheme for exportersIn an effort to boost exports, the government on Thursday modified the procedures on duty drawback schemes of exporters based on the Kelkar...
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