Single authority for sanctioning, processing GST refunds likely by August, dated 26th May
Dear All,
Your association SIMA is forwarding herewith ‘’ Single authority for sanctioning, processing GST refunds likely by August’’ Article issued by Economic Times, dated 26th May, 2019.
A single authority for sanctioning and processing GST refunds is in the offing as the Finance Ministry looks to speed up and simplify the process for exporters, an official said.
The current mechanism entails a twin refund sanctioning authority of the central and state tax officers but that could well change by August when the proposed new structure involving a single authority comes in place.
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This is for your kind information.
Thanking you,
With regards,
For Silvassa Industries & Manufacturers Association
Narendra Trivedi
Secretary