The Finance Ministry (FinMin), will start another ‘special drive refund fortnight’ from Thursday, to fasten Goods and Services Tax (GST) related refund claims of exporters, pending on or before April 30.
The drive is going to continue till June 14. Till now, the government has sanctioned more than Rs.30,000 crore as GST refund, of which Rs.16,000 crore related to Integrated GST (IGST) and the rest being input tax credit (ITC) refund.
The finance ministry stated, “All GST refund claimants are encouraged to approach their jurisdictional tax authority for disposal of any of their refund claims submitted on or before April 30, which are still pending. In case the jurisdiction (i.e. Centre or State) has not been defined for a particular claimant, he/she can approach either of the jurisdictional tax authorities.”
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