With over 10,000 applications for refunds filed by exporters till November, the GST Network today asked exporters to ensure that the claims do not exceed the GST paid in that month. The Central Board of Excise and Customs (CBEC) had last month started refunds for exporters of goods who have paid IGST and have claimed refund based on shipping bill by filling up Table 6A. "As on November 30, 5,677 applications have already been filed by exporters using RFD-01 and 4,386 applications have been filed by them using Table-6 A of GSTR-1," said a statement by the GST Network. Goods and Services Tax (GST) was rolled out from July 1. This would help avoid delay or rejection of Integrated GST (IGST) refund demand, GSTN added.

Source: Economic Times December 03, 2017 09:45 UTC