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The ministry of MSME has launched a specialized portal- MSME Samadhaan for facilitating MSMEs to report cases of the delayed payment of bills to draw the attention of their buyers, the facilitation councils and the Ministry of MSME.
It is said that goods and services can be exported from a country but the taxes should not be. Under the GST law exporters have the benefit of claiming refund of taxes paid on export of goods or services or claiming refund of the input tax credit in cases where the goods or services are exported under Letter of Undertaking(LUT). However the various provisions of law and issues related thereto should be considered before filing the refund claims.
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