Sunday, August 25, 2019

Centre to clear pending GST refund of Rs 5k cr to MSMEs in next 30 days

On Friday, Sitharaman had announced that all pending refunds of MSMEs will be cleared over the next 30 days and going forward, no dues will be pending for more than 60 days. On Sunday, she is due to brainstorm with officials from CBIC as well as GST Network, the company that provides the IT backbone, for working out an efficient refund mechanism.
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