Validation of Bank Accounts in the PFMS for speedy & smooth disbursal of IGST (Integrated Goods & Services Tax) Export refund

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..... on of Bank Accounts in the PFMS for speedy & smooth disbursal of IGST (Integrated Goods & Services Tax) Export refund - Reg. Kind attention of Exporters, Members of Trade & Industry, Trade Associations, Customs Brokers and other Stakeholders is invited to the processing of IGST Export Refund to be effective from 01/10/2017. 2. In this context, it may be noted that the Shipping Bill itself will b .....

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..... e Exporters. 4. DG (Systems) has informed that "Closed" Bank Accounts of the Exporters do exist in the system and PFMS has invalidated such accounts making the prospective disbursal of IGST refund to such closed accounts impossible. Accordingly, DG (Systems) has provided the list of Exporters' Bank Accounts that are not validated by PFMS. The list pertaining ACC (Export) is hereby e .....

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