Overview of GST Special Refund Fortnight
The government has conducted first special refund drive from 15th March 2018 to 29th march 2018.
Whereas the second special refund drive was conducted from 31st may 2018 to 14th June 2018. During the first fortnight Rs. 5350 crore were sanctioned to exporters. Whereas Rs. 7500 crores are already sanctioned in the second fortnight drive.
By looking at the tremendous response to these drives, the government has decided to extend this drive by another two days i.e till 16.06.2018.
Exporters are requested to pay the IGST difference amount which was shot paid earlier because of which refunds have been held up. Details instructions can be followed against Circular no. 12/2018- dt.29.05.2018.
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Great Post Again.
To be honest, I’m following each & every point you mentioned in the article. Thanks for sharing…very helpful article
Thanks Shiwani