The Goods and Services Tax (GST) council have accepted the Commerce Ministry's suggestion of refunding 90 per cent of exporters' claims on incentive schemes within the first 10 days.
However, the Council which had met till Friday in Srinagar, is yet to take a decision on the issue of allowing a different mechanism for exporters from the Medium Small and Micro Enterprises (MSME), Commerce and Industry minister Nirmala Sitharaman said on Saturday.
The Ministry had argued for exempting the sector from paying duties since it would be difficult for such firms to go without crucial working capital for long.
"On the refund issue,