Tax dept clears Rs 7,000 crore GST refunds of exporters

Over Rs 7,000 crore or half of the pending GST refunds of exporters has been cleared in the first nine days of the ongoing special refund fortnight.  "More than Rs 7,000 crore of IGST/ ITC refunds sanctioned till now during the ongoing Special Refund Fortnight," the Central Board of Indirect Taxes and  Customs ( CBIC ) said in a tweet late last night.  It asked exporters and traders…