GST refund pendency drops sharply, easing exporters’ working-capital pressure
As of March 31, 2026, just 110 GST refund claims worth Rs 64 crore were pending beyond 90 days, down from 712 claims worth Rs 560 crore at FY25-end. Automation, risk-based provisional refunds and tracking tools are improving cash-flow visibility for exporters and retail supply chains.
GST refund pendency has fallen sharply by March 2026, aided by automated IGST-export processing, risk-based provisional refunds and application tracking. The improvement can support retailer and exporter working-capital cycles, though documentation and taxpayer-response delays remain key causes of pending claims.