52,720 GST refund claims pending for over 1 year: MoS Finance Anurag Thakur

New Delhi: Anurag Singh Thakur, Union Minister for State (MoS) for Finance & Corporate Affairs, said in Parliament yesterday that as of 2 December 2019, a total of 1,86,158 entities have filed 36,42,272 refund applications since the introduction of the Goods & Services Tax (GST) regime, out of which 34,46,010 refund applications have been finalised.

The Minister further said there are 52,720 IGST (Integrated GST) refund claims pending for more than one year. The reasons for this pendency include non-submission of required documents by the applicants.

This was stated by Anurag Singh Thakur, Union Minister for State (MoS) for Finance & Corporate Affairs, in a written reply to a question in Rajya Sabha on 10 Dec.

The Finance Ministry and CBIC recently held nationwide GST stakeholder events for feedback on the new 2020 GST Returns which will go into effect from April 2020


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The ID Staff

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