RAI delegation had a fruitful web meeting with Shri Yogendra Garg - Principal Commissioner, GST policy wing, CBIC to seek support for the retail industry. Delegation has requested and discussed monetizing of GST credits, seamless utilization of GST credit across states, expedite GST Refund against Inverted duty structure, increase the period for SOR transaction from 180 days to one year, GST payment deferment without interest etc. We have been assured by Mr Garg that he will look into the matters. Mr Garg has also mentioned that department will explore the option of finance against GST credit with banks like SIDBI.