- Industrial bodies have threatened to go on strike from January 15 if pending GST refunds are not released.
- They demand immediate release of refunds stuck due to the inverted duty structure, which causes accumulation of refunds.
- The delay in refunds has created working capital deficits and increased financial burdens for businesses.
- Refunds have been pending for six months, and industry leaders insist the money belongs to them, not as a grant or subsidy.
- They urge the government to intervene and automate the refund process, warning of intensified protests if demands are not met.
Source : https://www.vatupdate.com/2025/12/30/industry-threatens-strike-from-january-15-over-delayed-gst-refunds/#:~:text=Industry%20Threatens%20Strike%20from%20January%2015%20Over%20Delayed%20GST%20Refunds,-4%20hours%20ago&text=Industrial%20bodies%20have%20threatened%20to,which%20causes%20accumulation%20of%20refunds
