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ELECTRICITY DUTY REFUND
Homebuyer wins full refund with Rs 1.57 crore interest in MahaREAT as builder delays possession by 3 years, citing MHADA-MCGM disputeHomebuyers have won a significant victory as MahaREAT ruled a builder cannot use inter-authority disputes to justify possession delays exce...- Carmakers bank on $2.3 billion in future tariff refunds, risking Trump's ireCar companies are booking billions in expected tariff refunds. This move boosts their first-quarter profits on paper. However, automakers r...
- Corrugated box manufacturers warn of severe cost surge, call for price revision and policy supportIndia's corrugated box makers are in crisis. Kraft paper prices have jumped 15-20 percent. Other materials like gum and ink are up 30-40 pe...
- SC junks customs demand on Adani Power's Mundra SEZ supply to domestic marketThe Supreme Court has ruled in favor of Adani Power. The company will not have to pay customs duty on electricity supplied from its Mundra ...
- Naidu government gets Rs 2,500 crore bill as Andhra Pradesh HC scraps Jagan-era power dutyThe Andhra Pradesh High Court nullified a government order that increased electricity duty for industrial and commercial establishments, po...
- 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...
- From key features and eligibility to major differences between RoDTEP and MEIS, here’s all you need to know about the RoDTEP Scheme.RoDTEP (Remission of Duties or Taxes on Export Products) came into effect on Jan 01, 2021
- Duty refunds likely for steel, pharma and chemical exportsThe input duty remission scheme for exporters was implemented from January 1, 2021 but had excluded these sectors. “A proposal to include t...
- Government exempts small businesses from filing returns for FY22The amendment also allows for enabling automatic revocation of goods and services tax (GST) registrations cancelled once the return filing ...
- Export body seeks SEZ inclusion in duty remission scheme“We have submitted a proposal before the government to cover SEZs and EOUs too under the new RoDTEP scheme,” said EPCES chairman Bhuvnesh S...
- Aluminium industry pegs 12-13% tax refund rate under new export scheme citing high burden of unrebated taxesThe lobby group has urged the commerce and industry ministry for an initial 5% refund rate, subsequently going up to 12-13%, citing the hig...
- Cabinet approves extension of rebate of taxes scheme for export of garments, made-ups from April 1The Union Cabinet approved extension of scheme for Rebate of State and Central Taxes and Levies on Export of Garments and Made-ups from Apr...
- Budget 2020: Govt to launch scheme for exporters to reimburse state levies this year, says FM SitharamanWith an aim to boost dwindling outward shipments, Finance Minister Nirmala Sitharaman on Saturday said a scheme for exporters will be launc...
- Rail wagon makers buck the trend, seek higher GSTAmid the clamour for slashing GST rates, rail manufacturers are seeking the opposite—an increase.
- Red tape hits ease of doing business in MaharashtraWhile mega projects in the state get electricity duty exemption, government and industry representatives claim they always have to face red...
- States, not Centre should refund duties: NathGovernment is working on a mechanism to refund state level taxes to despondent exporters that may include adjusting the duties against stat...
- FM asks states to chip in to help exportersFinance minister P Chidambaram on Wednesday asked state governments to help rupee-hit exporters by refunding local taxes, including VAT, Oc...
- All Fools Day rates basis for DEPB IIReimbursement of state taxes to exporters under the new scheme replacing the duty entitlement pass book (DEPB) scheme - the popular yet con...
- 'Re appreciation can be absorbed upto Rs 42/dollar'The exporters are shocked as the rupee appreciation is extremely sharp.
- VAT may be factored into DEPBThe incidence of value added tax (VAT) will be factored into the duty entitlement pass book (DEPB) scheme or its successor, if exporters fa...
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