“Second, a key issue in recent months has been the slowdown in GST net collections due to high refunds. Data from December 2024 showed that net GST collections, after adjusting for refunds, slumped to ...
SEO Title: GST Refund to Be Processed on Merits ... set aside and the matter can be remanded back to the Deputy Commissioner of State Tax to re-process the Refund Application filed by the Petitioner.
Thus the refund process for excess amounts in the Electronic Cash Ledger is a vital feature of the GST system, allowing taxpayers to efficiently claim back funds that are not required for immediate ...
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves ...
Finance Minister Nirmala Sitharaman on Friday asked tax officers to strengthen the GST registration process further by using technology during a review meeting on fake registration and billing. Tax ...
MUMBAI: Even as the government has come out with a timeframe to process and give tax refunds under the indirect tax framework, many exporters complain of continuing delays and some are exploring legal ...