Thursday 14 June 2018

Extension of Special Refund Drive till June 16th ,2018


Probably when you guys are reading this article the refund drive organized by CBIC has been closed. But that’s the thing late but not too late.
The Tax department has been cleared more than Rs.7000 crore‘s of IGST/ITC refund to claimants under the special refund drive organized from   “May 31st to June 14th, 2018. This information has been shared on their twitter handle.


The CBIC also asked the Exporters/Traders/Other claimants Opportunity of special refund  Fortnight from May 31st to June 14th ,2018  and visit their jurisdictional GST office or Custom House/Port and settle pending claims.


Add caption
By organizing this kind of drive government is trying to clear backlog of refunds and help to traders and exporters as mentioned by exporters and traders that huge backlog of refund are affecting business due to capital blockage.

As I mentioned in my earlier post that it is not enough to file refund online the exporters /traders need to visit their jurisdictional GST office / Custom house/Port.


There More the Government has been issued a press release and also on their twitter handle mentioning that Extension has been granted for special refund drive till June16th, 2018  so now the traders and exporters have 2  more days for filling their claims for GST refund.


Once Again I will say don't miss this opportunity!!!




No comments:

Post a Comment

Form MGT-14

  Form MGT-14 was introduced in the Companies Act 2013. The purpose was that certain resolutions need to be filed with the Registrar of Comp...