Central Board of Indirect Taxes and Customs provides facilitation for Exporters having IGST refund issues
The Central Board of Indirect Taxes and Customs (CBIC) have extended the
time limit for sanction of pending IGST refunds for Exporters in cases where
records have not been transmitted to the Port's software system 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 facility for resolving invoice mismatch
errors extended
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.
CBIC takes proactive approach to the trade
The Central board Indirect Taxes and Customs have 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.
