Government aims to clear pending GST refunds by Nov

Government aims to clear pending GST refunds by Nov
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Exporters can soon start claiming refunds for GST paid in August and September as GSTN will this week launch an online application for processing of refund, its CEO Prakash Kumar said here on Monday.

New Delhi : Exporters can soon start claiming refunds for GST paid in August and September as GSTN will this week launch an online application for processing of refund, its CEO Prakash Kumar said here on Monday.

GST Network (GSTN), the company handling IT infrastructure for the indirect tax regime, has from October 10 started issuing refunds to exporters for IGST they paid for the month of July, after matching GSTR-3B and GSTR-1. For August and September, while the initial return GSTR- 3B has already been filed, the final return GSTR-1 has not yet been filed.

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