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<h1>CBIC Completes 2nd Special Refund Fortnight, Disbursing Rs 41,548 Crore in GST Refunds by June 16, 2018.</h1> The Central Board of Indirect Taxes and Customs (CBIC) concluded the 2nd Special Refund Fortnight, liquidating GST refunds filed by 30th April 2018. By 16th June 2018, Rs 6,087 crore in IGST refunds was sanctioned. Approximately 1,68,191 shipping bills were processed, benefiting 9,293 exporters, including 3,500 new ones. Special refund cells and awareness campaigns facilitated the process. The Centre and States sanctioned Rs 10,824 crore and Rs 7,287 crore respectively in RFD-01A claims. The total GST refund disposed of by 16th June 2018 amounted to Rs 41,548 crore. Efforts continue to resolve pending issues and ensure accurate refund claim submissions.
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