Agency banks must upload GST, ICEGATE, and TIN 2.0 luggage files by 1800 hours, No Extension: RBI
RBI has made clear that no extensions will be entertained by the apex bank beyond the designated cutoff time for the submission of luggage files, in accordance with the existing guidelines on this matter
The Reserve Bank of India ( RBI ) has mandated the agency banks to upload the Goods and Services Tax ( GST ), ICEGATE and TIN 2.0 luggage files by 1800 hours. It was added that no extension will be granted. The central bank has observed that numerous agency banks have been seeking extensions from the RBI for uploading luggage files related to GST, ICEGATE, and TIN 2.0 receipts beyond...
The Reserve Bank of India ( RBI ) has mandated the agency banks to upload the Goods and Services Tax ( GST ), ICEGATE and TIN 2.0 luggage files by 1800 hours. It was added that no extension will be granted.
The central bank has observed that numerous agency banks have been seeking extensions from the RBI for uploading luggage files related to GST, ICEGATE, and TIN 2.0 receipts beyond the stipulated cutoff time of 1800 hours set by the Offices of the Principal Chief Controller of Accounts, Central Board of Indirect Taxes & Customs ( CBIC ), and Central Board of Direct Taxes ( CBDT ).
In light of this, it is communicated that no extensions will be entertained by the RBI beyond the designated cutoff time for the submission of luggage files, in accordance with the existing guidelines on this matter.
Consequently, paragraph 10 of ‘Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission’ dated April 1, 2023 will be amended as follows:
“10. Reporting of transactions by agency banks to RBI: After the operationalisation of NEFT 24X7 and RTGS 24X7, agency banks authorised to collect Goods and Service Tax ( GST ), Custom and Central Excise Duties (ICEGATE) and Direct Taxes under TIN 2.0 channel shall upload their luggage files in RBI’s QPX/e-Kuber on all days except the Global holidays, which are January 26, August 15, October 2, all non-working Saturdays, all Sundays and any other day declared holiday by RBI for Government Transactions due to exigencies. It is to be ensured that these luggage files are uploaded in RBI’s QPX/e-Kuber on or before 1800 hours prescribed by O/o Principal Chief Controller of Accounts, Central Board of Indirect Taxes & Customs and O/o Principal Chief Controller of Accounts, Central Board of Direct Taxes. No extension in cut-off time will be allowed to agency banks by RBI beyond 1800 hours for uploading of these luggage files in QPX/e-Kuber”.
To Read the full text of the Order CLICK HERE
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