Finance Ministry Refutes FIEO’s Claims, Says Rs 71,169 Crore GST Refunds Cleared

The government today said that Rs 71,169 crore worth of Goods and Service Tax refunds have been disposed till date and refuted the trade body Federation of Indian Export Organisations claim that Rs 22,000 crore were stuck. The ministry called the figure as exaggerated and inaccurate. The Finance Ministry, in a statement, said that the refund claims are being cleared expeditiously and asked export…