Government refutes exporters’ claim on pending GST refunds - News Summed Up

Government refutes exporters’ claim on pending GST refunds


NEW DELHI : The government has refuted exporters’ claim that Rs. 20,000 crore of goods and services tax ( GST ) refund is pending, and said there has been no dip in refunds as it announced a special refund fortnight beginning May 31.“Refund claims to the tune of Rs. 7,000 crore- Rs. 7,000 crore on account of ITC , are pending with the government as on date, as against the figure of Rs. 20,000 dues.The government admitted that refunds of goods and services tax (GST) have been a concern for both itself and trade for the past several months, but so far Rs.


Source: Economic Times May 30, 2018 18:11 UTC



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