Nation Current Affairs 13 Jun 2018 Chennai customs to h ...

Chennai customs to help resolve pending GST refunds

DECCAN CHRONICLE. | DECCAN CHRONICLE
Published Jun 13, 2018, 6:05 am IST
Updated Jun 13, 2018, 6:05 am IST
In a special refund drive, out of Rs 1,314 crore, as much as Rs 527 crore were sanctioned by the department.
 In a special refund drive, out of Rs 1,314 crore, as much as Rs 527 crore were sanctioned by the department.

Chennai: Chennai Customs officials asked exporters to resolve errors so that legitimate pending refunds could be processed quickly. Customs officials said that major errors are mainly due to mismatch in numbers provided in the invoice and GST returns.

Exporters were told they could come in with documents or mail on igstcusChennai@gmail.com (for sea Customs), pcommr7acccuschn@gov.in (for air Customs) in order to facilitate immediate credit of refunds, said M Ajit Kumar, Chief Commissioner of Customs, Chennai.

In a special refund drive, out of Rs 1,314 crore, as much as Rs 527 crore were sanctioned by the department. Of the remaining Rs 787 crore, only Rs 60 crore is pending with the Customs and the balance Rs 727 crore is pending due to non-transmission of data from GSTN.

From the introduction of GST on July 1 2017 till June 10, 2018, an amount of Rs 3,076 crore has been sanctioned out of the total ?3,863 crore. Chennai Customs says it has performed 98 per cent in sanction of IGST refund claims.

CP Rao, Principal Chief Commissioner of GST and Central Excise, Tamil Nadu Puducherry Zone said a similar refund drive was conducted in March for dealing off the pendency and a total of 1,221 claims involving an amount of ?670 crore were sanctioned.

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