To ease exporters' GST refund woes, revenue authorities will set up camps across the country for a fortnight beginning March 15, CBEC Chairperson Vanaja Sarna said. "So we hope that by March 31 all pending refunds as far as exporters are concerned will be sorted out," Sarna said. The issue of refunds to exporters has been hanging fire for over five months now, with exporters complaining that delay in GST refunds has blocked their working capital. The revenue department, on the other hand, has argued that there are discrepancies in forms submitted by exporters with the customs department and those with the GST Network (GSTN). The GST Council in its meeting today decided to implement e-wallet scheme for refunds to exporters by October 1.

Source: dna March 12, 2018 06:24 UTC