Big GST Boost: Fast-Track ITC Refunds In Just 7 Days For Verified Taxpayers, Says CBIC Chairman

Big GST Boost: Fast-Track ITC Refunds In Just 7 Days For Verified Taxpayers, Says CBIC Chairman

New Delhi: The GST Council has approved major reforms to speed up refunds and ease compliance for businesses. According to Sanjay Kumar Agarwal, Chairman of the Central Board of Indirect Taxes and Customs (CBIC), identified and risk-evaluated taxpayers will now be able to receive GST refunds within seven days—without any officer’s intervention. Speaking to IANS,…

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