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DUTY REFUND SCHEME
GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
What's brewing? FinMin seeks gold lending info from banksIn a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GML...
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...
India plans stronger exporter support as Middle East crisis strains trade flowsIndia's government is poised to enhance its export tax refund initiative, a strategic move aimed at bolstering its international trade amid...
Garment exporters see demand recovering as US tariff pressures easeIndian garment exporters expect a strong business rebound in the second half of the fiscal year. Easing US tariff pressures are bringing bu...
India ready to slash import duties, curb exports to secure domestic supply: Trade officialIndia may lower import duties and regulate exports to secure domestic supply amid global disruptions caused by the Iran war. This strategic...
Govt extends RoDTEP benefits for exporters till September 30Indian exporters receive a six-month extension for RoDTEP scheme benefits until September 30. This move aims to counter trade disruptions f...
Exports grow at estimated 20 pc CAGR between FY24- 26 due to RoDTEP scheme: OfficialExports under the RoDTEP scheme are projected to grow over 20% CAGR from 2023-24 to 2025-26, despite global economic challenges. The scheme...
West Asia crisis: Full benefits restored under RoDTEP schemeThe government has reinstated full benefits under the RoDTEP scheme for exporters, reversing a previous reduction in rates and value caps. ...
Duty refund scheme may be extended beyond SeptemberThe government aims to extend the duty remission scheme for exporters beyond September but is still awaiting approval for interest subventi...
Consider giving refunds to exporters in cash for tax remission schemes: GTRI to govtThe government is considering giving cash refunds to exporters instead of scrips for tax remission schemes, according to economic think tan...
Export benefits under RoDTEP extended to certain textile itemsUnder the RoDTEP, various central and state duties, taxes, and levies imposed on input products, among others, will be refunded to exporter...
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...
New duty refund scheme due this week, commerce ministry plans to increase exports aheadGovernment sources recently said that these refunds could come handy at a time when cost of fuel and freight are soaring globally while als...
Panel to fix rates for exporters' duty refund scheme to submit report in few weeks: Finance SecretaryRoDTEP , duty refund, The scheme would refund to exporters the embedded central, state and local duties and taxes that were so far not bein...
- Reliance Industries, Bharat Forge, Bajaj Auto and other exporters to get e-refund of tax paid on input services
Reliance Industries, Bharat Forge, Bajaj Auto and other exporters will now be able to receive electronic refund of service tax they pay on ...
- Government slashes sops on exports; 1100 items to be hit
As a setback to exporters, shipments of 1,100 items will be entitled to lower tax refunds from October 1 when curtains draw on the popular ...
- Finance Ministry to launch a new scheme to refund service tax on goods exported
"Draft scheme is ready and will be launched after getting inputs from the industry," said a finance ministry official.
- All Fools Day rates basis for DEPB II
Reimbursement of state taxes to exporters under the new scheme replacing the duty entitlement pass book (DEPB) scheme - the popular yet con...