https://www.taxtmi.com/news?id=14794 Duty drawback, Central Excise rebate and Cenvat credit refund mechanisms neutralize indirect tax incidence on inputs for exported goods; sectoral duty free entitlements and DGFT administered schemes (advance authorizations, duty free import authorizations, EPCG and export incentive schemes) support exporters. Income tax provisions permit deductions for export derived profits and other business deductions. The Government has received representations about delayed tax refunds and directed field formations to ensure prompt disbursement of rebate and refund claims. en-us Fri, 31 Jul 2015 17:20:18 +0530 Fri, 31 Jul 2015 17:20:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14794 Duty drawback, Central Excise rebate and Cenvat credit refund mechanisms neutralize indirect tax incidence on inputs for exported goods; sectoral duty free entitlements and DGFT administered schemes (advance authorizations, duty free import authorizations, EPCG and export incentive schemes) support exporters. Income tax provisions permit deductions for export derived profits and other business deductions. The Government has received representations about delayed tax refunds and directed field formations to ensure prompt disbursement of rebate and refund claims. News - Fri, 31 Jul 2015 17:20:18 +0530 https://www.taxtmi.com/news?id=14794