No IGST on imports by Advance / EPCG authorisation-holders, EOUs; Nominal GST for merchant-exporters

GST Council addresses the concerns of export sector, announces payment of held-up IGST refunds for July by October 10 while August backlog & refunds for subsequent months including supplies to SEZs and of input taxes on exports under Bond / LUT shall be processed from October 18 onwards; As an immediate relief, Council exempts payment of IGST on imports by Advance & EPCG Authorisation-holders and EOUs, whereas domestic supplies thereto would be tre...