NEW DELHI: Since August, S C Ralhan, chief executive of Ludhiana-based Sri Tools Industries, is awaiting refund of the goods and services tax(GST) that his company paid on inputs that went into exports. The arrears now add up to over Rs 2 crore.
“There is a system error as two ports are involved. As a result, we have not received any refund for exports that we made since July (when GST was launched),” Ralhan told TOI over the phone. The exporter explained that goods from Ludhiana are dispatched from an inland container depot, before being shipped from a port in Mumbai and the system does not allow his company to generate two export general manifest, documents needed to claim refunds.