The Hindu BusinessLine Business & Technology·· 7 days agoAI score57
India’s GST Council Recommends Allowing Exporters to Claim Refunds of GST on Machinery and Relaxing Four Export Criteria
AI overview
India’s GST Council recommends allowing exporters to claim refunds of GST paid on plant and machinery, with the refunds disbursed over five years, while removing the previous refund cap linked to domestic sales; exporters applying for refunds would also be eligible for GST refunds.
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Source:The Hindu BusinessLine Business & Technology · thehindubusinessline.com