Gujarat MSMEs raise issue of delayed refunds, inverted duty structure in GST - The Times of India

Ahmedabad: MSMEs in Gujarat have flagged delayed GST refunds, inverted duty structure and input tax credit blockages as major concerns affecting liquidity and operations.At an interactive session organized by the India SME Forum with CGST and SGST officials, they also raised concerns over the inability to assess whether suppliers are GST-compliant, which often results in denial or blockage of ITC…