GST Council May Expand Export Refund Rules On October 7, Over 38,000 Exporters Could Get Liquidity Boost
The Goods and Services Tax (GST) Council is likely to announce significant changes to export refund rules on October 7, potentially releasing working capital for more than 38,000 export taxpayers. According to a report by Moneycontrol, under the proposed reforms, exporters could claim cash refunds on input taxes paid on services as well as plant and machinery. Currently locked-up tax credits…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
