https://www.taxtmi.com/news?id=18810 Exporters urged immediate acceleration of the GST refund mechanism, requesting prompt refunds based on GSTR 1 and GSTR 3B filings, release of a high proportion of refunds soon after shipment with later verification and adjustment, allowance for scrips to pay GST, and dispensation of bonds/LUT where invoice shipping bill mapping enables it. They also sought IGST exemption on procurement of precious metals from nominated agencies and corresponding Central and State GST relief, merchant exporter procurement relief, and uniform job work GST treatment; a technical committee was tasked to recommend measures to the GST Council. en-us Wed, 20 Sep 2017 10:10:08 +0530 Wed, 20 Sep 2017 10:10:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18810 Exporters urged immediate acceleration of the GST refund mechanism, requesting prompt refunds based on GSTR 1 and GSTR 3B filings, release of a high proportion of refunds soon after shipment with later verification and adjustment, allowance for scrips to pay GST, and dispensation of bonds/LUT where invoice shipping bill mapping enables it. They also sought IGST exemption on procurement of precious metals from nominated agencies and corresponding Central and State GST relief, merchant exporter procurement relief, and uniform job work GST treatment; a technical committee was tasked to recommend measures to the GST Council. News - Wed, 20 Sep 2017 10:10:08 +0530 https://www.taxtmi.com/news?id=18810