Goods & Service Tax (GST) 31 October 2026
Mohali Industry Cites GST Refund Delays
Industry leaders in Mohali have lodged a formal complaint with the Central Board of Indirect Taxes and Customs, citing prolonged delays in Goods and Services Tax refunds that are harming cash flow for manufacturers and exporters. The association warns that the bottleneck could dampen regional investment and urges immediate remedial action.
Key Concern - The Mohali Industries Association (MIA) says GST refunds are taking excessively long, straining businesses.
- Delays affect working capital for manufacturers, exporters, and service firms.
- MIA urges the CBIC to speed up processing and provide clear timelines.
- Prolonged issues could deter future investment in the region.
Read the full report here.
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