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MNC back offices face rejection of GST refund claims
October 10, 2019 | By Livemint.com
business
Taxes for goods and services used by exporters are refunded as a matter of policy to keep exports competitive.The denial of tax refunds are based on the premise that supplies to an entity’s global parent do not amount to exports
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The back offices of several multinational companies present in India are being denied refund of taxes paid by them for goods and services used in the course of their business, with tax authorities refusing to accept their supplies to overseas parents as expor
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