No let-up in sanction of GST Refunds, says govt

The government has reassured the exporters that there is no let up in the sanction of GST refunds and the disposal rate is consistently improving.

The Finance Ministry in a statement said, out of over 88 thousand crore rupees refund claims, GST refunds to the tune of 82 thousand and 775 crore rupees have been disposed of as on 31st of last month.

Thus, the disposal rate of 93.8 per cent has been achieved. It said, the pending GST refund claims amounting to 5,400 crore rupees are being expeditiously processed to provide relief to eligible exporters.

It said, efforts are being made continuously to clear all the pending refund claims, wherever requisite information is provided and found eligible.