On Monday, the CBIC had informed that it had released GST refund claims worth Rs.11,052Crore in 47 days. It was tweeted by CBIC that it was committed to ensure liquidity for GST taxpayers especially MSME sectors during lockdown period. It was added that refund claims were sanctioned ensuring work from home. The total refund granted will be approximately Rs 18,000 crore, it had said.
