Revenue dept plans stern action against 1,417 untraceable 'risky exporters'
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 only about Rs 2,026 crore is pending, which is being processed as per law, sources said. Source: Web