Breather for exporters as Centre to pay ITC refund for State GST

New Delhi: In a major relief to  exporters , the  Centre will now pay the  input tax credit (ITC) refunds of state taxes, thereby reducing transaction time and costs, and manual interface in  claim processing . As per industry, there is a huge difference in the amount claimed, state goods and services tax (SGST) sanction amount received from central tax authority and the amount…