Refunds of GST have been a concern for both the Government and Trade for the past several months.Till now, the Government has sanctioned more than Rs 30,000 crore as GST Refund. This includes an amount of Rs 16,000 crore of IGST and Rs 14,000 crore of ITC.
The Govt. is scheduled to start the second phase of ‘Special drive refund fortnight’ from May 31, 2018 to June 14, 2018 for all pending GST refunds on or before April 30, 2018. This will include refunds of IGST paid on exports, refunds of unutilized ITC and all other GST refunds submitted in Form GST RFD-01A.
All IGST refund claimants may register on ICEGATE website, if not already done, to check their refund status.
Read More at: http://www.pib.nic.in/PressReleseDetail.aspx?PRID=1533849