Chandigarh, Apr 13 (PTI) The Punjab government today said it has released VAT refunds of Rs 87 crore to the Department of Excise and Taxation for disbursal to the concerned assessees.

An official spokesperson said Chief Minister Amarinder Singh was committed towards upholding the trust reposed in his government by the business community.

He further said the Chief Minister has asked the Finance Department to work out a system to ensure periodical releases to clear the pending arrears.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)