Refunds Processed Under GST during the refund fortnight

Government of India

Ministry of Finance

Department of Revenue

(Central Board of Indirect Taxes& Customs)

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01-August-2018

Press Note

Total Rs 54,378 Crores of Refunds processed under GST
As part of the continued focus of the government to liquidate pending GST refunds, the
Central Board of Indirect Taxes and Customs (CBIC) has successfully concluded the third
refund fortnight from 16th July, 2018 to 31st July, 2018. Till 31st July, 2018, the total GST
refunds disposed by Centre and States are to the tune of Rs 54,378 Crore.
During this refund fortnight, apart from various measures like Special refund cells at
CBIC offices, exporter awareness campaigns etc., a unique facility was provided by CBIC. It
was the first time that officers of CBIC reached out to doorsteps of the exporters for sanctioning
of refunds by the way of GST refund Help Desks. The GST refund Help Desks were established
at 11 locations in the offices of FIEO, EEPC and AEPC for the ease of exporters. These Help
Desks were manned by officers of CBIC who were tasked with assisting the exporters in
resolving issues related to refunds. These Help Desks provided an extension of CBIC offices,
thus eliminating any need to go to Customs office for submission of documents. During the
period, all field formations of CBIC and States, once again worked hard to provide all
assistance to the exporters to ensure quick disposal of refund claims.
By the end of 31st July,2018, the total amount of IGST refund claims disposed by CBIC
is Rs 29,829 Crore taking the disposal rate to 93%. During the third refund fortnight, the IGST
refunds of amount Rs 3,391 Crore have been sanctioned by CBIC.
As on 31st July, 2018, in case of RFD-01A refunds, the amount disposed by the CBIC
is Rs 16,074 Crore and that by State authorities is Rs 8475 Crore, taking total amount of RFD01A
refunds to Rs 24,549 Crore.
The remaining GST refunds pending with CBIC will continue to be processed
expeditiously. However, the exporters are requested to ensure that the correct procedure of
filing returns, giving accurate information in Shipping Bill and submitting RFD01A application
forms to the jurisdictional formations are followed for quick disbursal of their GST refund
claims.

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