5,106 ‘risky exporters’ identified by Government identifies – who have fraudulently claimed GST refunds

The government has identified 5,106 “risky exporters” who have claimed GST refunds based on bogus invoices, and would manually check their claims before issuing refunds.

The Central Board of Indirect Taxes and Customs (CBIC) assured genuine exporters that their refund claims would be processed in an automated environment and issued in a timely manner.

The introduction of manual checks in IGST refunds is aimed at preventing unscrupulous exporters from defrauding the exchequer.

Leave a Comment