Centre slaps Integrated GST refund restrictions on tobacco, pan masala from Oct 1

The government has notified restrictions on the Integrated Goods and Services Tax (IGST) refund route for exports of such items as tobacco and pan masala, and of mentha oil, effective from October 1. The decision has been approved by the GST Council at its 50th meeting last month in accordance with the recommendations of the Group of Ministers (GoM) on capacity-based taxation and special comp…