"It is not a fact that Rs 65,000 crore (dues) are to
be refunded to exporters during the July-October quarter as per
available refund claims lodged with the government," Minister of State
for Commerce C R Chaudhary said in a written reply to a question in the
Rajya Sabha.
Goods and Services Tax (GST) refunds to exporters for July-October do
not amount to Rs 65,000 crore as claimed, Parliament was informed
today.
"It is not a fact that Rs 65,000 crore (dues) are to be
refunded to exporters during the July-October quarter as per available
refund claims lodged with the government," Minister of State for
Commerce C R Chaudhary said in a written reply to a question in the
Rajya Sabha.
Exporters had earlier said Rs 65,000 crore could get
stuck by the end of October if GST refunds do not start flowing
immediately. Besides, Chaudhary said the GST implementation in the
country has largely been smooth, barring a few teething problems.
21 Dec 2017, 05:31 AM