News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
News Headlines »
 Step-by-step process to file income tax return online ITR filing FY19
  Order under section 119 of the Income-tax Act, 1961
  Things to keep in mind while filing ITR
 Here's how the new Form 16 will change income tax return filing this year
 Things you must keep in mind while filing income tax returns this year
 Five tax saving investments with tax-free income Double income tax benefits in 2019
 Companies (Incorporation) Fifth Amendment Rules, 2019
 Filing Income Tax Return? Here is list of important documents
 Who should and should not file ITR form 4 Income Tax Return (ITR) filing
 Securities and Exchange Board of India (Alternative Investment Funds) (Amendment) Regulations, 2019
 All You Need To Know About Form 16 And Its Role In ITR Filing

Which ITR form to file if income is in dollars?
June, 11th 2018

The Delhi Customs has launched a special drive to help exporters get quick refunds on taxes paid by them for exporting goods, Chief Commissioner of Delhi Customs Sunil K Sawhney said here today.

The move is part of a first-of-its-kind exercise organised by the department to further enhance ease of doing business. This ongoing special facilitation drive will continue till June 14.

Eligible exporters can get Integrated Goods and Services Tax (IGST) refunds from the customs department. A large number of such refunds are stuck due to flawed shipping documents filed by the exporters.

Sawhney asked all exporters - who have exported their goods from Delhi and Haryana, and whose IGST refunds or Rebate of State Levies (RoSL) have not yet been disbursed for shipments made till April 30, 2018 - to immediately contact senior customs officers.

The exporters can get in touch with the commissioners of customs, air cargo exports, Inland Container Depots (ICDs) at Tughlakabad and Patparganj in Delhi and ICDs in Haryana, he said.

By contacting them, the exporters can get their export documents corrected so that the refunds are disbursed to them by June 14, in order to enhance their ease of doing business and mitigate their working capital problems, the official said.

As on June 8, about 26,000 shipping bills pertaining to the exporters are still in errors for want of relevant documents and valid bank account details.

The Delhi customs zone has successfully scrolled out IGST refunds to the tune of nearly Rs 290 crore related to over 12,000 shipping bills in the last eight days.

In this process, as on June 8, the customs department has been able to correct 8,000 shipping bills of the exporters involving about Rs 143 crore of IGST and Rs 194.75 crore of RoSL.

Successful sanction of IGST refunds related to exports involves the correlation of the IGST amount paid by the exporters and its matching with the relevant export documents, that is the shipping bills.

Delhi customs has proactively taken steps to eliminate the errors. However, there are still quite a large number of exporters who are yet to come forward to make corrections in their export documents for getting IGST refunds, Sawhney said.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2019 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Application Management Solutions Application Management System Application Management Software System Application Management Development Application Management Software Development

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions