Exporters to get 90% tax refund under GST within 7 days
The government has agreed to refund 90% of the duties paid by exporters within a period of seven days under the GST regime. The exporters would get interest on the refund in case of delays, it added. Earlier, Commerce and Industry Minister Nirmala Sitharaman had said that tax refund claims take six-eight months to be processed, blocking a firm's capital.