Gst On Exports News

Opinion

Amending the GST law: Let the numbers speak

The GST Council should simplify the structure of the IGST and truly zero rate exports, as well as reduce the compensation cess if the Compensation Fund continues to record surpluses after the recent rate decreases

8 min read30 Jul 2018
Companies

Errors in GST returns filing a hurdle in issuing tax refunds to exporters: CBEC

Errors in GST returns, pertaining to either the summary of transactions, purchases, sales or a comprehensive filing of transactions are causing delays in processing claims, says CBEC chief Vanaja Sarna

1 min read26 Feb 2018
Politics

Govt hikes duty drawback rates on 102 items to make exports more competitive

The export items that will now enjoy a higher duty drawback include marine and seafood products, automobile tyres and bicycle tyres/tubes, leather and articles made of leather

2 min read26 Jan 2018
Opinion

Why not zero-rate exports?

For India to realize its full export potential, and to increase its share of manufacturing in the economy, to create industrial jobs on a large scale, much needs to be done

4 min read24 Jan 2018
Politics

Govt unveils Rs8,450 crore package to revive exports after GST

The government, as part of a foreign trade policy review, has announced a series of steps to revive exports amid disruptions to supply chains arising from GST rollout

3 min read6 Dec 2017
Politics

GST: Fresh concessions on cards for exporters?

A parliamentary panel has asked the finance ministry to allow exporters to use the old system of refunds to mitigate the compliance burden incurred in transitioning to GST

2 min read30 Nov 2017
Politics

Exporters claim Rs6,500 crore GST refund for July-October period

CBEC had last month started GST refunds for exporters who have paid IGST and have claimed refund based on shipping bill

2 min read29 Nov 2017
Market

Crossing the GST river by feeling the stones

The latest changes by the GST Council will come as a relief for exporters and SMEs

3 min read9 Oct 2017
Politics

GST Council set to consider measures to help exporters

GST Council may allow exporters refunds without waiting for invoice details of raw materials and other purchases, but based on summary of all transactions and details of exports made

2 min read3 Oct 2017

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