Hasmukh Adhia-led panel to meet tomorrow on exporters’ issues post GST

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Revenue Secretary Hasmukh Adhia- headed panel will meet export promotion associations tomorrow to deliberate on the issues faced by the industry under the Goods and Services Tax (GST) regime.

“Representatives from eight export promotion associations will discuss the difficulties faced,” the GST Council said in a tweet.

Commerce Secretary Rita Teaotia will also attend. This will be its first meeting ever since the constitution of the panel on September 12.

The GST Council, chaired by Union Finance Minister Arun Jaitley and comprising state counterparts, had in its last meeting on September 9 decided to set up a committee under Adhia to look into the issues faced by the export sector.

CBEC Member (Customs), DGF Director General, GST Council Additional Secretary, Director General, Export Promotion, from the central government and commissioners of commercial taxes from Gujarat, Maharashtra, Karnataka, Uttar Pradesh and

West Bengal are members of the committee.

The panel is mandated to recommend to the GST Council a suitable strategy for helping the export sector in the post-GST set-up.

“Certain recommendations are expected to emerge from tomorrow’s meeting of Committee on Exports,” the Council tweeted.

Exporters have been complaining that about Rs 1.8 lakh crore of working capital has been locked up in refunds due from the tax department ever since introduction of GST from July 1.