Ker. HC Flags Lack of Guidelines for Functioning of Committee Considering Medical Negligence Cases  ||  Kerala HC: Bank Can’t Escape Liability if Negligently Cheque Encashed with Forged Signature  ||  Gau. HC: If Arbitrator Not Appointed within 30 Days, Right to Appoint Doesn’t Forfeit Automatically  ||  Bombay HC: Can’t Presume Misuse if Names of Dead Persons Continue to be in Voters List  ||  MP High Court Allows Production of Whatsapp Chat Obtained Without Consent as Evidence  ||  Kerala HC Issues Directions Banning Use of Single-Use Plastic in the State  ||  Calcutta HC Orders Interim Stay on Preparation of New OBC list by Government  ||  Calcutta HC Commutes Death Sentence of Convict who Committed Rape and Murder of 2.5 Year Old Child  ||  Meghalaya HC Suspends Judgment Passed by Trial Court in POCSO Case  ||  Bombay HC: Can’t Treat Amount of Subsidy Received by Assessee from RBI as ‘Interest’ under IT Act    

CBIC provides facilitation for exporters having IGST refund issues- (Press Information Bureau) (22 Feb 2021)

MANU/PIBU/0805/2021

Goods and Services Tax

The Central Board of Indirect Taxes and Customs (CBIC) has extended the time limit for sanction of pending IGST refunds in such cases where records have not been transmitted to ICEGATE due to GSTR1 and GSTR3B mismatch error. This overcomes the problem of refund blockage by allowing refunds subject to undertakings/submission of CA certificates by the exporters and post refund audit scrutiny. This facilitation was issued Vide Circular 04/2021 and would be applicable to all shipping bills filed up to 31.03.2021.

The CBIC has also extended the facility for resolving invoice mismatch errors (classified as SB-005 error) through customs officer interface on permanent basis vide Circular 05/2021. Earlier this facility was provided for a limited period i.e. in respect of shipping bills filed up to 31.12.2019.

The exporter may avail the facility of correction of Invoice mis-match errors (error code SB-005) in respect of all past shipping bills, irrespective of its date of filing subject to payment of a nominal fee. The CBIC has continuously taken a proactive approach to resolve issues faced by the trade. It is seen that a considerable number of exporters have been facing difficulties in getting their IGST refund sanctioned either due to lack of facility to amend GST 3B return or bona-fide clerical/human errors while filing the documents. With the endeavour of resolving all such pending IGST refund claims, CBIC has issued Circular 04/2021-Customs dated 16.02.2021 and Circular 05/2021-Customs dated 17.02.2021.

Tags : FACILITATION   EXPORTERS   IGST REFUND  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved