<h1>Exporters Call for Quick GST Refunds to Ease Rs. 65,000 Crore Liquidity Crunch; Seek IGST Exemptions for Precious Metals.</h1> Exporters are urging the government to expedite GST refunds to prevent approximately Rs. 65,000 crore from being stuck, which could worsen their liquidity. The Committee on Exports, led by the Revenue Secretary, met with export associations to address concerns following GST implementation. Exporters emphasized the need for immediate refunds based on GSTR-1 and GSTR-3B data. The Gems and Jewellery Industry requested IGST exemptions on precious metals for export purposes. The GST Council has formed a committee to address these issues, as exporters face challenges due to blocked capital and the inability to pay GST from July to October.