IGST Refund: CBIC extends Alternative Mechanism to Rectify Invoice Mismatch
In a great relief to tax payers, the Central Board of
Excise and Customs (CBEC) has extended the alternative mechanism, enabling the
exporters to rectify the mistakes in cases where IGST refund is stuck due to
invoice mismatch, to 11th November 2018.
The circular issued in February provided the
pre-requisites and precautions that need to be taken for successful processing
of refund claims.
This facility would be available only for cases where
Shipping Bills have been filed till 15.11.2018. However, exporters need to be
cautious while filing details in Shipping Bill as a similar facility may not be
available in future for the same mistake for referred shipping bill. Also,
Customs Officers while processing claims using officer interface should
exercise due diligence so that mistakes are not repeated again.
In order to claim the differential amount, the
exporter is required to submit a duly filled and signed Revised Refund Request
(RRR) annexed to this circular to the designated AC/DC A scanned copy of the
RRR may also be mailed to dedicated email address of Customs locations from
where exports took place. The designated/concerned AC/DC will then proceed to
sanction the revised amount after due verification through the option provided
in ICES, a detailed advisory on which will be communicated by DG Systems to all
the System Managers shortly. Once the revised amount is approved by the
designated AC/DC in the system, a fresh scroll will be available for generation
for the differential amount only.
It was further said that only those SBs which have
already been scrolled shall be available in this facility. Further, this
facility can be used only once for each eligible SB to sanction the revised
IGST amount. Thus,
utmost care may be taken by the exporter while
submitting the RRR as well as the sanctioning officer while sanctioning the
revised amount as no further provision will be available for revising the
refund sanction again
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