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News GST

  • Oct 20, 2016
  • CBEC orders decks cleared for GST

    The Central Board of Excise and Customs (CBEC) on Wednesday directed its field formations to quickly chalk out an action plan for clearing pending refunds and drawback payments for a smooth transition to the goods and services tax regime, which is to be rolled out from April. In a communication to top officials, Najib Shah, chairman of the board, which will play a pivotal role in GST administration, wrote: “This would reassure stakeholders that trade facilitation remains our top priority and also give them confidence that we are fully capable of handling a transformational reform like GST.”

    Source - http://www.financialexpress.com