CBEC field offices observe GST refund fortnight; to clear Rs 150 crore of pending refunds

The CBEC field formations have launched 'GST refund fortnight' beginning Thursday to quickly sanction pending refunds to exporters. As much as Rs 150 crore of Integrated Goods and Services Tax (IGST) refunds are pending for exports though the Cochin port, due to technical errors, said a report in Times of India. The exporters who have IGST refund or Input Tax credit (ITC) claim pending with the Ce…