GST : releif for exporters

New Delhi Oct 7: The GST council in its 22 meeting has announced some relief for all sectors.The Council has proposed 3 solutions for exporters

# Immediately start refund process for the month of July by 10th October while exporters can get refund of August by 18th October
# Nominal 0.1 per cent GST exporters need to pay until March 31, 2018
# e-wallet will be created for every exporter where a notional amount will be given in advance.The refund will be offset later against that amount.The e-wallet option will be launched by 1st April, Jaitley added.

Finance Minister Arun Jaitley has said that we have received representations from exporters and we have taken the above decisions so that their liquidity problem can be solved.