Gold Silver Reports (GSR) – Government Sanctions Rs 30000-Crore GST Refunds To Exporters — The government has sanctioned Goods and Services Tax refunds worth Rs 30,000 crore to exporters so far in lieu of input tax credit and integrated GST paid by them. Of the Rs 30,000 crore refunds, Rs 16,000 crore was refund for IGST paid, and Rs 14,000 crore was given as input tax credit to exporters, according to a finance ministry statement issued today. The input tax credit refund includes sanctions by both central and state governments.