Thus until refunds are obtained, extra working capital is required to cover expenses incurred by the company during the refund period. Some companies obtain this extra working capital through additional banking facilities, which in turn entail further costs such as bank interest payments. Only 2 exporters stated that imports were effected several times a month. Reasons noted down by the respondents for not availing themselves of the DPF are given in Table 4 below. Cited No. of Direct Export Companies 1.
Direct exports are low compared to local sales and indirect exports.
Therefore, the percentage of imported inputs for which the DPF can be used is low. DPF system is too complicated 1 4. Company has not yet had the opportunity of using the DPF 2 5. No reason given 5 3.3 Other Issues of Concern to Exporters Many of the complaints made by the respondents did not directly deal with the theoretical aspects of the GST but gather with problems of a much more practical nature. The main GST-related matters of concern to exporters, as noted in the completed questionnaires, are summarized below.