News
GST woes: Exporters allege no duty drawback refund from states
- Date:
- September 14, 2017
- Source:
- Business Standard
State governments have effectively stopped paying tax refunds under the duty drawback scheme (DDS), compounding their liquidity issues, say exporters. Since the Goods and Services Tax (GST) regime was introduced on July 1, they allege, getting refunds for the state component of the levy has become very difficult under the DDS, with the requisite mechanism not in place. "While it is s…