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Special GST refund drive extended till June 16, to the relief of exporters

To the relief of the exporters, the government has extended the deadline by two more days i.e up to 16th June, 2018. 

"In view of overwhelming response from exporters and pending claims, the period of refund fortnight is being extended by two more days, that is up to June 16," an official statement said. Unlike the earlier drive, this time it is meant to facilitate all types of refund claims received till April 30..  

"This will include refunds of IGST paid on exports, refunds of unutilized input tax credit and all other GST refunds," the Finance Ministry had said in a statement when the drive was launched. Earlier, the Central Board of Direct Taxes and Customers (CBIC) asked exporters and traders to utilise the special opportunity and claim refunds from May 31 to June 14.

All exporters whose refunds have been held up on account of short payment are required to make the payment of IGST equal to short payment and follow the instructions of Circular No.12/2018-Customs dated 29.5.2018.

In IGST short payment cases, small exporters whose aggregate IGST refund amount for the period July, 2017 to March, 2018 is up to Rs. 10 Lakhs are required to submit self-certified copies of proof of payment of IGST to the concerned Customs office at the port of export. Others are required to submit a certificate from a Chartered Accountant including the proof of payment. All GST refund claimants, whose claims are still pending, are being encouraged to approach their jurisdictional Tax Authority for disposal of their refund claims submitted on or before 30.04.2018. In case the jurisdiction (i.e. Centre or State) has not been defined for a particular claimant, he/she can approach either of the jurisdictional tax authorities.

All claimants may note the refund application in FORM GST RFD-01A will not be processed unless a copy of the application, along with all supporting documents, is submitted to the jurisdictional tax office. Mere online submission is not sufficient. All IGST refund claimants may register on ICEGATE website, if not already done, to check their refund status. Customs field formations have been informed about the extension of the Refund Drive.

Exporters are requested to make the best of this extended drive and avail of the opportunity to get the refunds sanctioned during this special drive. In case of any problem, exporters are advised to approach the Commissioner of Customs /Jurisdictional Tax Authorities.

The Government is committed to clear all the remaining refund claims filed upto 30.04.2018 and are still pending.

This exporters-friendly initiative must prove a boon to the exporters who have been put to great difficulties on account of GST refund delay for some reasons.

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