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CBEC Denies any Holding of Customs, Excise Duty and Service Tax Refunds/Drawbacks

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..... CBEC Denies any Holding of Customs, Excise Duty and Service Tax Refunds/Drawbacks - News and Press Release Dated:- 11-3-2014 - News - The Central Board of Excise and Customs (CBEC) has denied the re .....

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..... port that the Customs, Excise Duty and Service Tax refunds/drawbacks are being held-up by the Department. This was mentioned in a certain section of media attributing to a statement by President, Fede .....

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..... ration of India Export Organisations (FIEO) to the effect that Customs, Excise Duty and Service Tax refunds/drawbacks are being held-up by the Department. This is not correct. The following state .....

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..... ment will indicate that more amounts have been refunded in 2013-14 compared to the corresponding period in the previous year. For the period April February (Rs. in crore) .....

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..... Head 2012-13 2013-14 Increase (%) Customs 14867 18144 22.0 .....

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..... Central Excise 17884 23154 29.5 Service Tax 1328 2111 58.9 .....

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..... Total 34079 43409 27.4 - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanageme .....

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..... ntindia.com - TMI - TaxTMI - TMITax .....

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