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Business EconomyPosted at: Feb 27 2018 5:43PM


CBEC to approach GST Council to avail of powers for rectifying mismatches in refunds

New Delhi, Feb 27 (UNI) Central Board of Excise and Customs (CBEC) would soon approach GST Council to empower its key functionaries and officials to rectify mismatches in returns filed by traders and businesses to avail refund of IGST wherever GSTN is unable to tally such mismatches with customs site on grounds of technicalities, according to its Member (Customs), Pranab Kumar Das.
Speaking at a Workshop on Refunds on Exports/Deemed Exports under GST organised by the PHD Chamber of Commerce and Industry here on Tuesday, Mr Das clarified that under the current GST regime customs’ officials are unable to intervene on matters relating to mismatches arising out of GST returns filed by traders and businesses for refund of IGST on exports on the one hand and the systematic validation or certain particulars with GSTN (GST Network) and customs ICEGATE(e-Commerce Portal of Central Board of Excise & Customs).
“This has led to either delay in IGST refunds in certain cases. Therefore, the department of Finance would soon approach the GST Council in its forthcoming meeting and seek its approval to enable customs officials to rectify mismatches so that IGST refunds are quickly deliver and businesses are enabled and better facilitated”, indicated Mr Das.
Mr Das called upon the traders and business community to meticulous in their return filing as also be honest as GST refunds are systematic driven process and a minor mistake here and there could delay the process of refunds though the government is trying its best to sort out refunds related problems with empowering its officials with powers to rectify mismatches.
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