Tax Management India. Com
                            Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Manuals SMS News Articles
Highlights
        Home        
 
Extracts
Home List
← Previous Next →

Sanction of pending IGST refund claims where the records have not been transmitted from the GSTN to DG Systems

Customs - PUBLIC NOTICE No. 69/2018 - Dated:- 31-5-2018 - OFFICE OF THE COMMISSIONER OF CUSTOMS - IV EXPORTS ACC, SAHAR, ANDHERI (EAST), MUMBAI-400099. F.No.-S/3-Misc-254/2017-18 DBK(EDI)/ACC Date: 31.05.2018 PUBLIC NOTICE No. 69/2018 Sub: -reg. Attention of Exporters/ Customs Brokers and General Public is invited to the Board's Circular no. 12/2018 dated 29.05.2018 on the above subject. The same is reproduced for the knowledge and utility of all the stake holders concerned. 2. A number of r .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

e that the IGST paid on the export goods in any particular month [3.1(b)] is not less than the refund claimed by the exporter [Table 6A]. However, data provided by GSTN has revealed that this validation has failed in number of cases. 3. Representations received from trade / exporters coupled with the analysis of data received from GSTN indicates that the exporters have committed mistakes while filing GSTR-I and GSTR-3B. It has been observed that the exporters have inadvertently mis-declared IGST .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

o adjustGSTR-3B in subsequent months is not available in all cases. 4. In view of the above following procedure is being prescribed to overcome the problem of refund blockage. This would be an interim solution subject to undertakings/ submission of CA certificates by the exporters as given below and post refund audit scrutiny. The proposed procedure is as under: A. CASES WIIERIC TIIERF, IS NO SHORT PAYMENT: (i) The Customs policy wing would prepare a list of exporters whose cumulative IGST amoun .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

cate from Chartered Accountant before 31St October, 2018 to the Customs office at the port of export to the effect that there is no discrepancy between the IGST amount refunded on exports and the actual IGST amount paid on exports of goods for the period July' 2017 to March' 2018. In case there are exports from multiple ports, the exporter is at liberty to choose any of the ports of export for submission of the said certificate. (iv) A Copy of the certificate shall also be submitted to t .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

mulative IGST amount paid against exports and interstate domestic outward supplies together, for the period of July' 2017 to March' 2018 mentioned in GSTR-3B is less than the cumulative IGST amount indicated in GSTR-I for the same period, the Customs policy wing would send the list of such exporters to the GSTN and all the Chief Commissioner of Customs. (ii) e-mails shall be sent by GSTN to each exporter referred in para (i) above so as to inform the exporter that their records are held .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

xports from multiple ports, the exporter is at liberty to choose any of the ports of export. (iv) Where the aggregate IGST refund amount for the said period is upto ₹ 10 lacs, the exporter shall submit proof of payment (self-certified copy of challans) of IGST payment to the concerned Customs office at the port of export. However, where the aggregate IGST refund amount for the said Period is more than ₹ 10 lacs, the exporter shall submit proof of payment (self-certified copy of Chall .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

rescribed requirements. (vii) The compiled list may be forwarded to Customs policy wing, DG (Audit) and DG (GST). Customs policy wing shall forward the said list of GSTINs to On receipt of the list of exporters from Customs policy wing, GSTN shall transmit the records of those exporters to Customs EDI system. (viii) The exporters whose refunds are processed/ sanctioned as above would be required to submit another certificate from Chartered Accountant before 31stOctober, 2018 to the same Customs .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Discussion Forum
what is new what is new
 


|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.