GST Refund To Exporters

Availing of refund under one scheme does not take away the right to claim refund under another scheme. Exporters can contest any attempts to delay or deny such refunds

They are worried that the two proposals would make it difficult to seek refunds under indirect tax laws

The Central Board of Indirect Taxes and Customs (CBIC) has cleared Rs 160.74 billion, while the state authorities have refunded Rs 84.75 billion

Exporters are yet to receive a massive Rs 200 billion worth of refunds 11 months after GST was announced

CBEC has sanctioned Rs 40 billion worth refunds to exporters in four months since October

Jaitley announced that refunds will start from October 10, for exports made in July, and from October 18, for exports made in August

Businesses can upload the final sales return for August in GSTR-1 on GSTN portal from December 4.

Tea exporters are in a dilemma over whether they should conclude future export contracts or not due to their financial constraints

The provisional refund would be sanctioned by the tax officer within 7 days

Government will clear pending GST refunds of exporters by November-end