GST fraud: Revenue dept plans stern action against 1,417 exporters who claimed refund but are untraceable

The revenue department is planning stern action against 1,474 ‘risky exporters’ who were untraceable but claimed GST refunds worth Rs 2,029 crore, sources said. Integrated GST (IGST) refund is suspended in all such cases where there is adverse report post verification about the exporter or his suppliers, they said. So far, IGST refunds of more than Rs 1.37 lakh crore have been disbursed and o…