LUDHIANA: In a different pressure organised by Customs Commissionerate Ludhiana from March 12th until March 31st, Integrated Goods and Services (IGST) refunds worth Rs. 101.68 crores had been processed.
A reimbursement sanction fortnight was seen by Central Board of Indirect Taxes (CBIC) from March 15th to March 29th with a purpose to intensify efforts to liquidate all pending IGST refund claims by March 31st.
Speaking to TOI, over the development, Arvinder Singh Ranga, Commissioner of customs mentioned, “During the refund fortnight camp general 369 exporters and their representatives attended the camp until March 31st and accordingly 4433 shipping bills had been rectified and refund worth Rs. 101.68 crore had been sanctioned involving 2646 shipping bills all through March 12 until 31st. Further from December 2017 until 31stMarch 2018, IGST refund of Rs. 190.62 Crore involving 4927 shipping bills had been sanctioned at Customs Ludhiana”
Ranga additionally added, “Adequate arrangements for personnel and infrastructure had been made in order that maximum collection of pending refund claims be settled all through the mentioned fortnight camp. In order to facilitate additional sanction of refunds, customs commissionerate Ludhiana decided to increase the refund fortnight and saved open all field formations on 29th, 30th and 31st March even though those had been gazetted holidays com non operating days.
Necessary instructions had been issued to the officials and personnel posted to IGST refund camp to make sure that all exporters visiting the camp had been properly guided and urged in regards to the exact modalities of submitting of IGST refund. The personnel had been additionally directed to proactively means the involved exporters in accordance with shipping invoice pendency report for early rectification of errors.”
A reimbursement sanction fortnight was seen by Central Board of Indirect Taxes (CBIC) from March 15th to March 29th with a purpose to intensify efforts to liquidate all pending IGST refund claims by March 31st.
Speaking to TOI, over the development, Arvinder Singh Ranga, Commissioner of customs mentioned, “During the refund fortnight camp general 369 exporters and their representatives attended the camp until March 31st and accordingly 4433 shipping bills had been rectified and refund worth Rs. 101.68 crore had been sanctioned involving 2646 shipping bills all through March 12 until 31st. Further from December 2017 until 31stMarch 2018, IGST refund of Rs. 190.62 Crore involving 4927 shipping bills had been sanctioned at Customs Ludhiana”
Ranga additionally added, “Adequate arrangements for personnel and infrastructure had been made in order that maximum collection of pending refund claims be settled all through the mentioned fortnight camp. In order to facilitate additional sanction of refunds, customs commissionerate Ludhiana decided to increase the refund fortnight and saved open all field formations on 29th, 30th and 31st March even though those had been gazetted holidays com non operating days.
Necessary instructions had been issued to the officials and personnel posted to IGST refund camp to make sure that all exporters visiting the camp had been properly guided and urged in regards to the exact modalities of submitting of IGST refund. The personnel had been additionally directed to proactively means the involved exporters in accordance with shipping invoice pendency report for early rectification of errors.”
Tax refunds worth Rs. 101.68 crores processed by Ludhiana customs
![Tax refunds worth Rs. 101.68 crores processed by Ludhiana customs]()
Reviewed by Kailash
on
April 02, 2018
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