The director of the National Budget Office, and section secretary of the Fiscal and Economics Division of the Finance Ministry are now included GST refund committee. – AFP pic, November 6, 2020.
THE Public Accounts Committee has received feedback from the Ministry of Finance on its two proposals for the Goods and Services Tax refund claims tabled in Parliament in July last year. Following PAC’s proposals, the MoF and the Customs Department has acted to put all GST collection in the Consolidated Revenue Account into the GST Refund Account compared with the previous practice of putting the GST collection into Consolidated Revenue Account.
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