Clarification on GST refund by CBEC
The refund of the ITC on the the export taken by the exporters. The input tax credit taken by the exporters for the export is refundable. But the most of the people/exporters are not be able to claim the refund and there are various reasons for that. The government understands the confusion faced by the exporters and issued some circular to clarify the doubts of the exporters. The most recent circular regarding the clarification is Circular No.-37/2018-GST. Let watch and learn about the refund under GST for exporters.