GSTnews item14 May 2021
CBIC asks officers to clear pending Customs, drawback refund claims by month-end
News Update
CBIC asks officers to clear pending Customs, drawback refund claims by month-end
The CBIC has asked field offices to clear all pending refunds of customs and drawback claims by month-end. The Central Board of Indirect Taxes and Customs (CBIC), the apex decision making body in customs matters, has issued an instruction to all customs Principal Chief Commissioners that a 'Special Refund and Drawback Disposal Drive' will be conducted with the objective of priority processing and disposal of all pending refund and drawback claims. However, all such refunds would have to be “considered on merit” following legal provisions. “This Special Drive shall be in place from 15th May 2021 to 31st May 2021. It is expected that during this period all refund and drawback claims that are pending as on 14th May 2021 shall be disposed,” it said. The CBIC also asked field offices to coordinate this refund drive with the major trade and industry associations, especially those that cater to exporters, for their assistance, including submission of required documents.
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