Automated GST refund for exporters by next month

Currently, manufacturing exporters and suppliers to SEZ, who want to claim a refund of ITC, have to file an application in Form GST RFD-01A on the common portal and then manually submit a print out of the form to the jurisdictional officer. Once automatic GST refunds begin the time period for such refunds will come down to about a fortnight from months at present.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2VnEvd8

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