GST refund disposed till 16th June, 2018 stands at Rs 41,548 crore; Rs.6,087
crore IGST refund sanctioned in the 2nd Special Refund Fortnight extended from
31st May, 2018 to 16th June, 2018.
line with the commitment of Government to liquidate all pending GST refunds
filed till 30th April, 2018, the Central Board of Indirect Taxes and Customs
(CBIC) has successfully concluded the 2nd Special Refund Fortnight extended
from 31st May, 2018 to 16th June, 2018.
the end of 16th June, 2018, Rs.6,087 crore IGST refund has been sanctioned in
the refund fortnight. The interesting facts during the second fortnight are (i)
about 1,68,191 shipping bills have been processed (ii) IGST refund claims of
about 9,293 exporters have been sanctioned including about 3500 new exporters,
whose refunds had been held up, have got their refund sanctioned.