IGST refunds worth Rs 1.12 lakh cr paid to exporters: CBIC

The CBIC further said refunds of only Rs 3,604 crore are pending, and of about 1.85 lakh exporters, a total of 6,421 (about 3.4 per cent only) including some "star exporters" have been identified as risky and hence red flagged. "Even some of the 'star exporters' are not traceable," it added.

from The Financial ExpressEconomy – The Financial Express https://ift.tt/2QdpEmp