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GST refunds upto Rs 1,183cr cleared in B'luru zone since Apr

Press Trust of India  |  Bengaluru 

Having come under criticism for the poor refund under the (GST), the Central Board of and Customs, Bengaluru zone today said Rs 1,183 crore has been refunded since the roll out of GST.

The of Central A K Jyotishi told reporters here that the GST revenue from per month is Rs 6,000 crore excluding indirect central of Rs 1,000 crore as duty and taxes on petroleum products.

In view of pendency of refunds, the Central Board of and launched a special refund drive starting from May 31 to June 14.

"This was the second refund drive initiated by the department after the successful rollout of the first refund drive from March 15 to March 30," Jyotishi said.

Under the special refund drive Rs 197 crore has been disbursed, the said adding that 96 per cent of the claims havebeen cleared and remaining is still under process.

He explained that there was pendency of cases due to the faulty of forms.

"Even in the slightest error in the of forms, it (GST computer programme) will not allow you refund. We have set up a separate desk to resolve the problem," Jyotishi said.

said of 1,685 claims for refund, 1,242 were found valid.

There was a total refund of Rs 651 of Central GST, Rs 267 of the SGST and Rs 265 crore of the IGST and

"Under the Central GST, the total claim was of Rs 670 crore of which Rs 650 crore has been paid by April end and therest will be decided later," Singh said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, June 11 2018. 20:00 IST
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