GST - CBEC Chairperson calls for expediting exports refund
By TIOL News Service
NEW DELHI, JAN 21, 2018: The CBEC last week reviewed all the infrastructure project proposals pending at various stages. Out of a total of 87 projects, 16 proposals are being monitored by the Finance Secretary and 10 projects are being monitored by Member (Adm).
In her latest communication the CBEC Chairperson has stated that the refund sanctioning authorities must stick to the timelines stipulated under law, especially with respect to refunds in relation to zero-rated supply of goods or services. "Considering the paramount importance of timely and smooth disbursement of export refunds to the health of trade and economy, I would like to reiterate the urgency of ensuring timely processing of refund claims and would urge all of you to personally monitor the same. It has also been observed that several exporters are not aware of the requirement of manual filing of refund claim in FORM GST RFD-01A. I would request all of you to sensitize the exporter community regarding the same," she has underlined.
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