Rs. 54,378 crore of Refunds processed under GST 3rd Refund Fortnight



Total Rs 54,378 crore of Refunds processed by the Centre and the States till 31st July, 2018 under GST during the Third Refund Fortnight. As part of the continued focus of the Government of India to liquidate pending GST refunds, the Central Board of Indirect Taxes and Customs (CBIC) has successfully concluded the Third Refund Fortnight from 16th July, 2018 to 31st July, 2018. Till 31st July, 2018, the total GST refunds disposed by the Centre and the States are to the tune of Rs 54,378 Crore.
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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