In the press release made by Ministry of Finance, it has been expressed by the government that errors being made by exporters in filing their returns is the sole reason due to which there is a delay in grant of refunds. As per government, some common errors which have been noticed are :

  • Furnishing incorrect shipping bill number in GSTR-1
  • Mismatch of invoice number and IGST paid 
  • Furnishing wrong bank account etc.

It has been clarified that the quantum of IGST refund claims as filed through Shipping Bills during the period July to October 2017, is approximately Rs. 6,500 crore and the quantum of refund of unutilized credit on inputs or input services, as per the RFD 01A applications filed on GSTN portal, is to the tune of Rs. 30 crore.

Read the full press release below: