Over 90 Percent Refund Claims Disposed by CBIC

Goods and Services Tax – GST Dated:- 5-7-2019 – News – The Union Minster of Finance and Corporate Affairs, Nirmala Sitharaman said that during the second refund fortnight, ₹ 6,087 crore IGST refunds and ₹ 1, 548 crore ITC refunds were sanctioned by CBIC. Presenting the Union Budget 2019-20 in Parliament today, she said that in case of IGST refunds for goods exported out of India, the percentage of amount of refund claims disposed by CBIC is already more than 90%.

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