Tag: Input Tax Credit Refund

Racket Busted Of Large Number Of Non-Operational Partnership Firms Falsely Claiming Refunds Against Accumulated ITC
Taxation, InFocus

Racket Busted Of Large Number Of Non-Operational Partnership Firms Falsely Claiming Refunds Against Accumulated ITC

SMEStreet Desk- March 17, 2020

During the search,none of the firms were found to be existing/operational at their declared premises. Further investigations revealed that two persons, apparently masterminds behind the ... Read More

Suresh Prabhu Meets Exporters & Assured To Make Input Tax Credit Refund Process Online
LimeLight, Analysis

Suresh Prabhu Meets Exporters & Assured To Make Input Tax Credit Refund Process Online

SMEStreet Desk- January 9, 2019

Representatives of the export sector highlighted the problems of pre-import under advance authorization and requested the Commerce Minister to bring the notification deleting the condition ... Read More