Automated IGST refunds on pan masala, tobacco, similar items to be restricted from October 1
The items on which automated IGST refund restriction has been imposed include pan masala, unmanufactured tobacco, hookah, gutkha, smoking mixtures for pipes and cigarettes and other items, including mentha oil.
Manual checking of refunds will ensure that valuation is optimally done and taxes are paid at all stages. (Image source: Reuters)