Errors in exporters' returns sole reason for delay / rejection of refunds, states Govt.

Govt. issues clarification on delay in grant of refunds pertaining to IGST paid on exported goods and similarly ITC on exports; While quantum of IGST refund claims as filed through Shipping Bills during the period July to October 2017 is approximately Rs. 6,500 crore, quantum of refund of unutilized ITC, as per RFD 01A applications filed on GSTN portal, is to the tune of Rs. 30 crore; According to Govt., errors by exporters while filing their returns such as incorrect shippin...