The government has launched the second phase of refund fortnight beginning on May 31 to fast-track clearances of an estimated Rs 20,000 crore exporters refund which is stuck with the government. To get an idea of the same, Zee Business’s Rahul Kumar had a candid talk with KN Raghavan, Commissioner, GST. During the talk, Raghavan said the drive aims at clearing all pending GST refund applications, which were received till April 30, 2018.
Q: What is the main aspect of the new drive started by you and what do you want to do with it?
A: See, the GST refund process was started back in December 2017 but was not able to clear them due to certain technical glitches like availability of 2 portions of IT returns, CGST and SGST. Now, the system has been streamlined and this is a drive to clear all pending refund applications which were received on or before April 30, 2018. The process will be completed by June 14, 2018.
Q: A similar refund drive was held in March 2017. Was it able to get a good response and what was the main focus of the drive?
A: It was related to IGST refunds and the drive was carried on to clear all refund applications of the section. It was a successful drive and was able to get a good response.
Q: Initially, we saw technical difficulties like in uploading invoices among others in filing the returns. So, can we say that the problem has been sorted out or do they exist today?
A: It is a new taxation system in a big country like India. There is a slight problem in the system yet and it is not 100 per cent right now. But we are working to solve them.