On Friday, CBIC has reported that it has processed refund claims worth Rs.5575 Crore. It said that, “While in the last week itself, CBIC has processed 7,873 claims worth ₹3,854 crore.” With regard to Income tax, CBIC had said that income tax refunds to nearly 8.2 lakh small businesses (proprietors, firms, corporate and trusts) worth ₹5,204 crore have been issued since April 8.
https://www.thehindubusinessline.com/economy/cbic-processes-gst-refund-of-5575-crore-in-15-days/article31369874.ece
