MSME in Ludhiana apprises revenue officials of delay in release of GST refunds
Updated: May 23, 2020 09:07:54am
MSME in Ludhiana apprises revenue officials of delay in release of GST refunds
Ludhiana, May 23 (KNN) Micro, Small and Medium Enterprises (MSMEs) in Ludhiana has apprised revenue officials of their issues including delay in release of goods and services tax (GST) refunds.
In this regard, the Chamber of Industrial and Commercial Undertakings (CICU) conducted a meeting with through video conferencing with Ranjana Jha, chief commissioner of customs (preventive), North Zone, and all the commissioners of north India including AS Ranga, customs Commissionerate, Ludhiana, on Friday.
The CICU members said that AS Ranga helped the exporters by guiding them about documentations and storing the goods in the containers during lockdown period.
Jha assured that the full cooperation will be given to fix the problems of the exporters and also said that all the pending IGST refunds will be expediting within this week.
CICU president Upkar Singh Ahuja and general secretary Pankaj Sharma emphasised on the need to expedite the process of releasing GST refunds citing lack of working capital with the entrepreneurs and financial crunch being faced by the exporters.