India’s exports likely to be hit in November again as delayed GST refunds hit exporters

The government still owes exporters at least Rs 50,000 crore in Goods and Services Tax  refunds  since July, and this could hit India’s export figures again in November, the  Business Standard  reported on Monday. Exporters said they can no more take fresh shipment orders and are laying off workers amid the liquidity crunch. Before the introduction of the GST, exporters enjoyed…