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Committee on Exports formed to monitor issues post GST
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Union Minister for Finance and Corporate Affairs, Arun Jaitley addressing a press conference on 21st GST Council meeting, at Hyderabad on September 09, 2017. |
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SME Times News Bureau | 13 Sep, 2017
Union Finance Minister Arun Jaitley on Tuesday constituted a Group of Ministers and a Committee on Exports to look at the issues of export sector arising after implementation of the Goods and Services Tax (Tax).
The Committee on Exports has been constituted under the convenorship of the Revenue Secretary to look at the issues of export sector and to recommend to the GST Council suitable strategy for helping the export sector in the post-GST scenario.
This Committee consists of the Chairperson, CBEC; Member (Customs), CBEC; Director General, DGFT; Addional Secretary, GST Council; Director General, DG Export Promotion from the Central Government and Commissioners of Commercial Taxes from the States of Gujarat, Maharashtra, Karnataka, Uttar Pradesh and West Bengal.
The decision to form the Committee on Export was taken in the 21st Meeting of GST Council held on 9th September, 2017 at Hyderabad
Additionally, the Finance Minister also formed a Group of Ministers (GoM) under the convenorship of the Deputy Chief Minister of Bihar Sushil Kumar Modi,in order to monitor and resolve the IT challenges faced in the implementation of GST.
The GoM will be assisted in its work by the Chairman, Goods and Services Tax Network (GSTN) and the Chief Executive Officer, GSTN.
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EXPORT IGST REFUND CLAIM
PREM SAGAR MONGA | Wed Sep 20 05:10:27 2017
WE HAVE ALREADY SHOWON THE IGST AMOUNT IN THE SHIPPING BILL FOR EXPORT ON IGST PAID. PLEASE LET US KNOW THE PROCEDURE TO CLAIM THE REFUND FROM CUSTOMS.
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