FIEO Welcomes GST Council’s Reform Measures to Expedite Export Refunds
The Federation of Indian Export Organisations (FIEO) has welcomed the landmark decisions of the GST Council aimed at easing liquidity challenges for exporters and streamlining refund processes.
City Air News
Sep 4, 2025 12:21
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New Delhi, September 3, 2025: The Federation of Indian Export Organisations (FIEO) has welcomed the landmark decisions of the GST Council aimed at easing liquidity challenges for exporters and streamlining refund processes.
SC Ralhan President, FIEO, said: “The Council’s approval to release export refunds within seven days based on risk analysis, along with provisional refunds under the inverted duty structure for sectors such as textiles, pharma, chemicals, and fertilizers, is a very welcome move. These reforms will go a long way in reducing working capital blockages and providing timely relief to our exporters.”
He further emphasized that the measures will not only strengthen India’s export sector but also give rise to increased domestic demand by easing stress on supply chains. “A robust export ecosystem inevitably supports domestic manufacturing and consumption. These steps will create a positive multiplier effect across the economy, benefitting both industry and consumers,” he added.
He also assured that wherever the end product is reaching domestic consumers, industry will ensure that the benefits of reduced costs are duly passed on. “Exporters are committed to playing their role in supporting the domestic economy and consumers, while continuing to enhance India’s global competitiveness,” he said.
Allowing GST refunds below Rs 1000 will immensely benefit small and e-commerce exporters.
FIEO lauded the GST Council’s responsiveness to industry concerns and expressed confidence that these timely reforms will bolster the resilience of Indian trade during a period of global uncertainty.
