Exporters’ wait for I-GST refunds may get even longer – Here’s why

In what is a setback to the automated process of refunds for exporters under goods and services tax (GST), the indirect tax department has decided to introduce manual checks to curb large-scale tax evasion. The customs department would now hold the refunds until it receives “all-clear” signal from the respective GST field formations. “It has come to the notice of the Board that instances of availm…