In order to help taxpayers understand the electronic refund processing, the following advisory was released by the CBIC.
The GST Network (GSTN) has incorporated an online GST refund process, as decided by the 37th GST Council. With this utility, taxpayers will easily be able to file for a refund via form RFD 01, which can further be processed online by the GST officers.
CBIC, in an attempt to reduce the dwell time, improve supply chain efficiency and minimise the cost on logistics for EXIM (Export-Import), has undertaken various steps and initiatives.
Service Export from India Scheme is reward-based initiative from the government, which aims to elevate the export of certain notified services and eventually boost the economy.
8th August 2018, Kerala witnessed the worst flood in the century, affecting over one-sixth of the total population of the state.
Need for IRIS Garnet - Large businesses spread across multiple locations face real problems while preparing their GST data.