SME Times News Bureau | 19 Jul, 2018
Minister
of State of Commerce and Industry, C. R. Chaudhary, on Wednesday said
that several measures taken by the government has resulted in most of
GST refund claims by exporters being sanctioned.
As
a result of two 'Special Drive Refund Fortnight' organized in
2018, most of the claims filed till April 30 this year have been
sanctioned, C. R. Chaudhary said in a written reply to the
Parliament.
IGST
refunds amounting to Rs. 21,142 crore and RFD-01A refunds totalling
Rs 16,920 crore has been sanctioned by CBIC and State Governments as
on 16.06.2018, he
informed.
Some
other measures taken
to expedite the refund of GST to exporters which include certain
common errors hindering disbursal of Integrated Goods
and Services Tax (IGST)
refund and solutions thereof, permitting
manual intervention for corrections in figures by customs officers,
he
added.
Moving
a step ahead for the ease of exporters, in case of refund of IGST
where there is a mis-match of invoice details as filed in the
Shipping Bill and GST Returns cases, an alternate mechanism with
officerâs interface has been developed and circulated, he
said.
In
order to ensure smooth operation of the prescribed procedure and
clearing the backlog of refund of IGST paid on export of goods, CBIC
has directed Custom Houses to open a dedicated cell and e-mail
address for the purpose of facilitating the pending IGST refund cases
and Custom Houses have been directed to give wide publicity to this
step.
Over
a period of time various pro-active measures have been taken in
consultation with GSTN, IT wing of customs and field formations, as a
result of which most of the errors have been rectified and IGST
refunds have been sanctioned, the
minister added.
