Re:Nearly a third of Indian startup founders surveyed are co...
by lonelappde on Saturday February 01, 2020 @10:22AM
(#22210943)
5% of how much, though? how much more than 5%?
[ Parent
| on HN ]
Re:Nearly a third of Indian startup founders surveyed are co...
by kranner on Saturday February 01, 2020 @10:29AM
(#22210986)
5% (up to 15%) of the amount to be refunded, which for exporters is all of their GST, which can be up to 28% of the gross value of goods sold.
Just a twitter search for "GST refund bribe" will show a lot of examples.