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News GST

  • Oct 23, 2017
  • Exporters can claim refund this week for GST paid in August, September

    Exporters can soon start claiming refunds for GST paid in August and September as GSTN will this week launch an online application for processing of refund, its Chief Executive Officer Prakash Kumar said today.GST Network (GSTN), the company handling IT infrastructure for the indirect tax regime, has from October 10 started issuing refunds to exporters for Integrated GST (IGST) they paid for the month of July, after matching GSTR-3B and GSTR-1.For August and September, while the initial return GSTR- 3B has already been filed, the final return GSTR-1 has not yet been filed.

    Source - https://economictimes.indiatimes.com