Friday, December 28, 2018

Rectification of EGM error / EGM not filing & Delays in IGST Refunds Reg..


As you all aware that Customs takes various steps to sanction the Export IGST refund to the exporters without any delay from Customs side, and sanction of IGST refund are closely monitored by PMO office as well as Chairman CBIC on special watch basis. Commissioner of Customs-IV proactively working on settling the IGST refund without any delay, accordingly we have been called by the said Commissionerate and explained the vision of Government to release the IGST refund to exporters as and when shipment taken place.

 On thorough examination by the department it was found that EGM errors and EGM not filed is the main reason in delay in release of IGST refund to the exporters, and if these two issues rectified properly, then there won’t be any issue in release of IGST. Accordingly, Commissioner informed us that here after strict compliance has to be followed and in case of any noncompliance on rectifying EGM Errors and if EGM not filed-will be viewed very seriously and action will be taken against them without any pre alert.

Our Committee found that if our members follows the below process strictly, there after there will not be any issue in releasing IGST refunds. Therefore, members who deals exports are requested to go through the below guidelines and make sure that errors are rectified and see that no errors in future generated on a/c of EGM errors.

1)      Pl do Online registration by yourself at your office with correct data/information.

2)      While registering the S/B, ensure Correct EGM Number, Vessel name, container number, and weight entered.

3)      Intimate your staff to complete stuffing report time to time at CFS

4)     Members have to check in the customs website that any pendency shows on a/c of  EGM error/not filed, if found  immediately contact concern liner, export cell and produce the proper documents and rectify same. This check has to be there  time to time periodically  

5)      Customs department providing separate cell for IGST refunds, rectification of EGM error and not filing,

6)      Every Second week of the month from Monday to Friday Officers are available to hear and rectify the problem at FIEO Office, Spenzer Plaza, Chennai, Exporters/CB can directly approach them for remedy.

7)       Requirement of documents – BL, EIR copy, Correct EGM number, Vessel name
Members are requested to follow the above strictly ,  to avoid any Egm Errors and in case EGM not filed for the particular S/B , approach voluntarily to the Liners and rectify the problem , this will  help the customs department to release the IGST refund smoothly without any delay.

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