goods and service tax

Piyush Goyal to chair reconstituted Board of Trade meet on Tuesday, $2 trillion export aim on agenda

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Piyush Goyal to chair reconstituted Board of Trade meet on Tuesday, trillion export aim on agenda

Commerce and industry minister Piyush Goyal will chair a meeting of the reconstituted board of trade on Tuesday to discuss ways to boost the country’s manufacturing and exports. The meeting comes ahead of the government likely to announce the new Foreign Trade Policy later this month and the country’s merchandise exports shrinking 1.15% in August- … Read more

Action against risky exporters who attempted to claim Rs 2,020 cr IGST refunds: FinMin officials

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Action against risky exporters who attempted to claim Rs 2,020 cr IGST refunds: FinMin officials

Stern action would be taken against risky exporters that have attempted to claim Rs 2,020 crore integrated goods and service tax refunds, said finance ministry officials aware of the matter, noting the rise in cases where exporters were not traceable. The number of untraceable risky exporters has gone up to 1474 as on date, which … Read more