E-wallet will address GST refund issue of exporters: Suresh Prabhu
New Delhi, March 18, 2018
Introduction of e-wallet mechanism will effectively address the woes of exporters who have been complaining of delays in refund of taxes under the GST regime, Commerce and Industry Minister Suresh Prabhu has said.
The Central Board of Excise and Customs (CBEC) has undertaken a sensitisation drive on a war-footing on IGST reforms and AEO (Authorised Economic Operators) concept. It has decided to observe the current fortnight ending March 29, 2018 as “IGST/ Input Tax Credit Refund” fortnight.