Refunds of Rs 25,000 cr pending due to GSTN s inability: Mitra
"There have been three lakh applications from country s exporters for refunds. It involves an amount to the tune of Rs 25 000 crore. But it is pending as GSTN Auto which verifies such claims is unable to undertake the exercise " he said during an exports meet.
Mitra said due to GSTN s inability manual verification has been resorted to. "This has resulted in the applications piling up. Consequently the working capital of the exporters has been affected."
The minister said he would take up the use with the GSTN.
Mitra said on an average only 35-40 per cent of such applications have reached the states for manual verification.
--IANS ssp/vd