In a circular addressing the officials, the Central Board of Excise and Customs (CBEC) enumerated the common errors hindering the disbursal of refund of Integrated Goods and Services Tax (IGST) to the exporters under Rule 96 of the Central Goods and Services Tax (CGST) Rules, 2017.
The CBEC missive issued yesterday also speaks about the measures taken to resolve the same.
The 22nd meeting of the GST Council has decided that tax refund for the months July and August will be given to the exporters from October itself. Following this, the Government had initiated the processing of refund claims.
The circular said that incorrect savings bank number quoted by the exporter in GSTR-1 created problems in allowing refund. For this, the Board advises the tax payers to amend the GSTR-1 and enter the correct shipping bill number.
“GSTN has been asked to provide for immediate implementation of this table so that all such claims can be processed once amendment is filed,” the Board said.
It further said that the exporters have quoted different invoice numbers for GST and customs purpose, which eventually resulted in delay in refund process. In this regard, the exporters should have to ensure that the invoice details and shipping bills are matched with each other.
Wrong bank accounts quoted by exporters have also caused hindrances. The Board, advised the exporters to not change their bank accounts frequently so that the delay in refund can be avoided.
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