GST refund backlog drops sharply, easing exporter working-capital pressure
Pending GST refund claims older than 90 days fell to 110 worth Rs 64 crore by March 31, 2026, as automated IGST export refunds, risk-based processing and provisional refunds improved turnaround.
GST refund backlogs have declined sharply by March 2026. Automated IGST export refunds, system-based risk evaluation and 90% provisional refunds for eligible zero-rated supplies are improving working-capital turnaround for Indian exporters and retailers.
Why this matters
The backlog reduction follows June GST collections above Rs 1.95 lakh crore, up 13.9%, and a 14% June rise signaling firmer retail consumption. It also aligns with calls for simpler GST rules in the regime's next phase.
retail-company is accelerating, up 228400% QoQ.