Problem of exporters' working capital blockage not "grievous"; 5-6 months for refund "normal"

Govt. clears the apprehension about blockage of working capital for exporters post-GST, states that “media reports are not based on facts”; Finds no blockage of funds in case of 66% value of exports inasmuch as exporters have preferred duty drawback scheme (extended till September 30) instead of taking actual refund of input taxes in pre-GST regime; Since remaining 33% of exporters used to prefer normal refund route under Central Excise and VAT separately and that wa...