Govt. announces second drive of Refund Fortnight to clear Rs. 14,000 Cr pending claims

Central Govt. announces second drive of “Special Refund Fortnight” from May 31 to June 14 to facilitate all types of refund claims received before April 30, 2018 including IGST export refunds, unutilized ITC claims and those submitted in Form GST RFD-01A; Clarifies that refund claims to the tune of Rs. 14,000 Cr (Rs. 7,000 Cr on IGST side and Rs. 7,000 Cr on account of ITC) are pending with Govt. as on date, as against the figure of Rs. 20,000 Cr projected by FI...