CBIC’s Third Refund Fortnight from July 16 – 30 to clear pending IGST refunds

CBIC has announced third drive of “Special Refund Fortnight”, from July 16 to 30, to liquidate pending IGST / ITC refund claims and to handhold / guide the trade for applying for refunds in proper manner; States that in the first refund fortnight, Rs. 4,265 Cr IGST refunds and Rs. 1,136 Cr ITC refunds were sanctioned, while the second fortnight witnessed sanctioning of Rs. 6,087 Cr IGST refunds and Rs. 1,548 Cr ITC refunds; Remarks, “In case of IGST refunds for goods ex...