Topics In Demand
Notification
New

No notification found.

Update: Special Refund and Drawback Disposal Drive till May 31, 2021
Update: Special Refund and Drawback Disposal Drive till May 31, 2021

May 18, 2021

25

0

In order to provide immediate relief to business entities, Central Board of Indirect Taxes and Customs (CBIC) recently issued Instruction No.10/2021 dated May 13, 2021 for disposing pending customs refund, IGST refund and customs duty drawback claims under “Special Refund and Drawback Disposal Drive”.

The special drive shall be in place from May 15, 2021 to May 31, 2021 and expects to dispose off refund & drawback claims pending as on May 14, 2021.

The instruction also provides the following key notes;

  • All the relevant legal provisions, notifications, circulars and instructions must be followed while processing the refund and drawback claims;
  • For facilitation of exporters, all communication should be done over email, wherever email id of the applicant is available;
  • All deficiency memos may be reviewed and refund / drawback may be considered on merit;
  • The Special Drive should be widely publicizeded.

Copy of the Instruction issued by CBIC is enclosed for your reference.


That the contents of third-party articles/blogs published here on the website, and the interpretation of all information in the article/blogs such as data, maps, numbers, opinions etc. displayed in the article/blogs and views or the opinions expressed within the content are solely of the author's; and do not reflect the opinions and beliefs of NASSCOM or its affiliates in any manner. NASSCOM does not take any liability w.r.t. content in any manner and will not be liable in any manner whatsoever for any kind of liability arising out of any act, error or omission. The contents of third-party article/blogs published, are provided solely as convenience; and the presence of these articles/blogs should not, under any circumstances, be considered as an endorsement of the contents by NASSCOM in any manner; and if you chose to access these articles/blogs , you do so at your own risk.


Download Attachment

cs-ins-10-2021.pdf

Tejasvi

© Copyright nasscom. All Rights Reserved.