₹25,000 cr in GST refunds for exporters still pending; physical verification seen as key reason

Pratim Ranjan Bose GST may have made life easier for many. But for exporters claiming accumulated input tax credit against payment of CGST and SGST, things are in a pitiable shape. The IGST refunds by Customs are, however, smooth. On Monday, West Bengal Finance Minister Amit Mitra claimed ₹25,000 crore worth of refunds are payable to exporters against claims since July 1. Approximately a quar…