Tag Archives: Refunds

GST refunds of apparel exporters blocked: FIEO

NEW DELHI:  The Federation of Indian Export Organisations (FIEO) on Monday said that Rs 6,000 crore in duty refunds of apparel and made-ups exporters are blocked under two government schemes and that is why they are facing “acute” liquidity problem. According to FIEO, around Rs 6,000 crore of duty refund claims have not been disbursed under the Rebate of State ... Read More »

Amazon Ordered by US Court to Process Refunds for Children’s In-App Purchases

A federal judge on Thursday directed Amazon.com Inc to set up a year-long process to reimburse parents whose children made in-app purchases without permission, but rejected a US regulator’s request for a $26.5 million lump-sum payout. US District Judge John Coughenour, in Amazon’s hometown of Seattle, issued his order more than six months after finding the online retailer liable, in ... Read More »

Freedom 251 Maker Reportedly Refunds First 30,000 Customers

Ringing Bells, the maker of the controversial Freedom 251 smartphone that’s priced at Rs. 251, reportedly claims to have paid back the money it generated from the first 30,000 pre-booking orders on the first day of the sale this month. Mohit Goel, managing director of the Noida-based company, has claimed that the money of all 30,000 customers has been refunded ... Read More »