Commerce Ministry to take up exporters’ complaints on GST refund with FinMin
The Commerce Ministry has taken note of exporters’ complaints that the input duty refund under the duty drawback scheme claimed by some last year was much lower than the IGST (Integrated Goods & Services Tax) refunds due to them and it may ask the Finance Ministry to address the issue. “Exporters have said that they are willing to pay back the drawback with interest and they should be instead…