×
109
Fashion Jobs
LIMEAPPLE APPAREL
Ecommerce Expert With Digital Marketing Skills
Permanent · CHENNAI
NIKE
sr. HR Operations Specialist
Permanent · Bengaluru
L'OREAL GROUP
Senior Manager - Digital Marketing & D2C, Kerastase
Permanent · Mumbai
NIKE
Senior Dynamic Application Security Tester – Cis, Icc, India
Permanent · Bengaluru
PUMA
Senior Manager - Golf Sales (Cpg-Cobra Puma Golf)
Permanent · Bengaluru
PUMA
Manager - Accounts Payable
Permanent · Bengaluru
PUMA
Senior Manager – Teamsport Sales
Permanent · Bengaluru
NIKE
Lead Technical Product Manager – p&m, Icc, India
Permanent · Bengaluru
PUMA
Manager – Warehouse Operations (Ecommerce)
Permanent · Gurugram
NIKE
Lead Product Manager, India – ed&a Icc
Permanent · Bengaluru
PVH
Manager, Business Solutions
Permanent · Bengaluru
NIKE
Identity And Access Management (Iam) Security Operations Engineer, India – Cis Icc
Permanent · Bengaluru
NIKE
Expert Security Incident Coordinator, India – Cis Icc
Permanent · Bengaluru
NIKE
Data Engineer – ed&a, Icc, India
Permanent · Bengaluru
PUMA
Assistant Business Manager – Puma.Com
Permanent · Bengaluru
NIKE
Senior Software Engineer Iii – Retail Commerce Passplay, India - Consumer & Marketplace Icc
Permanent · Bengaluru
L'OREAL GROUP
Indirect Sourcing Manager
Permanent · Baddi
NIKE
Sap bi Lead Engineer – Sec Tech, Icc, India
Permanent · Bengaluru
NIYOSSHIC LUXURY CONSULTANCY
Social Media Intern
Internship · MUMBAI
SAAHRA
Graphic Design Summer Internships
Internship · NEW DELHI
HEMMING BEE
Fashion Production Intern
Internship · MUMBAI
HEMMING BEE
Fashion Production Intern
Internship · MUMBAI
Published
Apr 23, 2020
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

GJEPC welcomes government relaxation of pending IGST refunds on exports

Published
Apr 23, 2020

The Gem and Jewellery Export Promotion Council has praised the Union Government Ministry of Finance for its decision to relax pending IGST refunds on exports, as jewellery exporters feel the financial strain of lockdown.

The GJEPC has praised the government for its new IGST regulation relaxations - GJEPC- India- Facebook

 
The Central Board of Indirect Taxes and Customs, Ministry of Finance issued a circular on April 22 stating that will extend the facility of SB005 error correction in its ‘Customs EDI System for Shipping Bills’ dating up to December 31, 2019, the GJEPC announced on its website, praising the move. This will allow cash strapped Indian exporters the benefit of greater IGST refunds which could help their businesses stay afloat during lockdown. 
 
“The entire country is facing unprecedented challenges due to the Covid-19 pandemic, and… exporters are facing genuine hard-ships due to the SB005 errors, ” read the Ministry of Finance’s circular, the GJEPC reported.

The jewellers’ association had been lobbying the government to address non-refund of IGST due to SB005 errors for some time, it said. SB005 errors arose when information on exporters’ GST returns and customs data presented did not match.
 
“All members of the trade, exporters, shipping lines, customs brokers are duly advised again to make efforts to understand the problems due to mismatch of invoices resulting in SB005 error, and to invest time and due precautions for preventing such error in the future,” read the circular.
 
As global trade remains halted, India’s jewellery exporters are facing a tough time. The cancellation of weddings this wedding season and the fact that jewellers without e-commerce stores are unable to retail their products has put a large financial strain on the industry.

Copyright © 2021 FashionNetwork.com All rights reserved.