Festive relief: Delhi traders to get Rs 1,600 cr GST refunds by Diwali

PENDING SINCE 2019

- AIMAN FATIMA

NEW DELHI: In a major relief for the trading community, Chief Minister Rekha Gupta on Sunday announced that nearly Rs 1,600 crore in pending GST refunds will be cleared before Diwali. The refunds, stuck since 2019, are expected to bring much-needed liquidity and festive cheer to traders.

Announcing the decision after a high-level meeting with the Department of Trade and Taxes at her camp office 'Chief Minister Jan Seva Sadan, CM Gupta said, "The previous government had failed to take any concrete measures towards the settlement of this long-pending amount. Taking serious note of the issue, I have directed officials that the entire refund be disbursed to traders before Diwali."