beginning of the implementation of GST, the major drawback pointed out because
of implementation by the exporters was inordinate delay in obtaining refund
relief. It was even said that the inconsiderate delay of refunds sent the
exporters dry of funds, almost facing an impending collapse. The viewpoints of
the detractors of the GST need not be taken into account here but the genuine
grievances of the exporters which FIEO took to the attention of the government
repeatedly almost with a missionary zeal. Now to the relief of the exporters,
it is clear the government has listened to them with true consideration and
took measures to redress the grievances of the exporters.
with commitment of government to liquidate all pending GST refunds, the Central
Board of Indirect Taxes and Customs (CBIC) has successfully concluded refund
fortnight cum special drive from 15th March, 2018 to 31stMarch, 2018.
period, all field formations of CBIC worked hard to provide refund relief to
the exporters. Special refund cells manned by experienced staff were put in
place throughout the country. The exporter awareness campaigns using both print
media and social media were carried out so that the benefit can be extended to
maximum exporters. All field formations were tasked to go extra mile in order
to facilitate the sanctioning of refunds. The Circulars, Instructions etc were
issued by CBIC to clarify the issues which threw new challenges while
sanctioning of refunds.
of these efforts is visible in the amount of refunds sanctioned during this
period. By the end of 31stMarch,2018 another Rs. 4265 crore IGST refund has
been sanctioned in the refund fortnight taking the total tally to Rs. 9604
crore. Total 2,73,017 Shipping Bills with the payment of IGST have been filed
by the exporters till 31st January, 2018. The number of Shipping Bills disposed
of till 31st March, 2018 is 2,28,829 which is about 83% of those Shipping Bills
filed till January end. The eligible IGST claims transmitted by GSTN to Customs
of the period till 31stJanuary, 2018 are of Rs 10,720 crore, out of which Rs
9,604 crore have been sanctioned which is about 89.6% of those eligible claims
transmitted by GSTN.
to ITC refunds, Rs. 1,136 crore has been sanctioned during the special drive
making the total figure of ITC sanctioned equal to Rs. 5,510 crore by end of
this fiscal. As per the latest available data:
refund applications have been filed in FORM GST RFD-01A on the common portal,
in which an amount of Rs. 17,471crore has been claimed. Of these, 60,183 refund
applications are in relation to zero rated supplies, in which an amount of Rs.
14,649crore has been claimed. Taxpayers are required to submit a copy of these
RFD-01A application to the jurisdictional tax office, along with all supporting
However, only 26,620 refund applications (out of 1,61,325 applications) have
been actually received in the Central or State tax offices. Of these, 17,734
applications have been disposed off.
Of the total amount claimed of Rs. 17,471 crores, an amount of Rs. 8,012 crores
has already been sanctioned (Rs. 5,510 crore by Centre and Rs. 2,502 crore by
all, Rs 9,604 crore (IGST refunds), Rs. 5,510 crore (ITC refund by Centre) and
Rs 2,502 crore (ITC refund by States) all totalling to Rs 17,616 crore has been
this, an amount of Rs 16,680 crore duty drawback has been disbursed to
exporters during the period from 1.7.2017 to 31.03.2018. An amount of Rs
1,833.25 crore approx. has been disbursed to exporters against RoSL claims
during financial year 2017-18.
The momentum gained during this fortnight would
be carried on in future. The CBIC is dedicated to sanction all the legitimate
refund claims of exporters. The efforts are being made to resolve those issues
which are still pending in consultations with GSTN.