Tag: Export Promotion Capital Goods Authorisation Scheme

GST: Relief for exporters, Govt says refunds to be given within 7 days

In a major relief to exporters, the government has agreed to refund as much as 90% of their duty claims just within a week under the new goods and services tax (GST) regime, Commerce and Industry Minister Nirmala Sitharaman said on January 5. The revenue department of the finance ministry has agr…