CBIC issues instructions for speedy disposal of pending GST refunds by April 30

CBIC issues clarification for expeditious disposal of all pending GST refunds including IGST refunds, pursuant to Press Note dated April 8, 2020 of Ministry of Finance to provide immediate relief to the taxpayers in these difficult times; Explains that even though the GST Law provides a total 60 days for disposing off refund claims without any liability to pay interest, all pending refund applications must be taken up for processing immediately; However, requires exercise of ...