52720 IGST refund claims pending due to non submission of required documents

Reetu | Dec 11, 2019 |

52720 IGST refund claims pending due to non submission of required documents

52720 IGST refund claims pending due to non submission of required documents

Goods & Services Tax refund

A number of companies applied for a Goods & Services Tax (GST) refund since the introduction of the tax regime. As on 02.12.2019, a total of 1,86,158 entities have filed 36,42,272 refund applications, out of which 34,46,010 refund applications have been finalised.

This was stated by Shri Anurag Singh Thakur, Union Minister for State for Finance & Corporate Affairs, in a written reply to a question in Rajya Sabha today.

The Minister further said there are 52,720 IGST (Integrated GST) refund claims pending for more than one year. The reasons for this pendency include non-submission of required documents by the applicants.

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Reetu
Name: Reetu
Designation: Content Manager
Company: Studycafe
Location: Delhi, India
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Reetu is a Content Writer with 4+ years of experience in GST, Income Tax, Finance, Company Law, Education and Career Related Content. She is a B.COM (Honrs.) Graduate.

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