New Delhi: In a swift action following Finance Minister Nirmala Sitharaman's promise to clear all pending GST refunds of micro, small and medium enterprises (MSMEs) within 30 days, Central Board of Indirect Taxes and Customs (CBIC) has prodded its field officers to make "all possible efforts to successfully realise this target." "We must endeavour to make this refund drive a grand success," CBIC Chairman Pranab K. Das wrote to tax officers across the country.
New Delhi, Sep 2 (KNN) For signing MoU with Nodal Banks on Credit Linked Capital Subsidy Scheme (CLCSS) component, a conference under the Chairmanship of Nitin Gadkari, Union Minister for Micro Small and Medium Enterprises (MSME).
The first nine months after the introduction of the Goods and Services Tax (GST) were chaotic, to say the least. The GST portal was functioning moodily, tax rates kept on being tinkered with, and rules such as reverse charge on purchases were introduced only to be withdrawn.
NITI Aayog Vice Chairman Rajiv Kumar has stated that the best use of RBI's surplus transfer of Rs 1.76 lakh crore would be to give a leg up to public capital expenditure and infrastructure. Talking to Business Today, Kumar called RBI reserve transfer to the Centre "a big fiscal help".
Bhubaneswar: State MSME and Industry minister Dibya Shankar Mishra recently stated that the state government has given high priorities to MSME sector in order to make Odisha a ‘one trillion dollar’ economy.
New Delhi, Sep 2 Central custom officials would kick off a special drive on India-Nepal border in Bihar to instantly clear pending IGST refunds of exporters.