Addressing the issues related to IGST Export Refunds - Customs - TRADE FACILITY NO. 14/2017

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE OFFICE OF THE COMMISSIONER OF CUSTOMS CUSTOM HOUSE, WILLINGDON ISLAND, COCHIN-682009 F. No. C1/03/2016-TU. Cus. Dated: 10.10.2017. TRADE FACILITY NO. 14/2017 Subject: Addressing the issues related to IGST Export Refunds Kind attention of exporters, importers, Customs Brokers, Steamer Agents and all other stakeholders is drawn to the several issues pertaining to the IGST Export Refunds which have been brought to the attention of the Board. 2. It is informed that the declaration of the Exporter's Bank Account accurately is essential for the successful and timely refund. Further, it is to be ensured that the Bank Accounts registered on the ICES is also one of the accounts registered with GSTN (see Rule 96(3) of CGST Rules, 2017) in order to facilitate smooth data exchange and verification. 3. All the stakeholders are required to take cognisance and comply with the same. Sd/- (Pullela Nageswara Rao) Commissioner of Customs