In a major relief provided by the CBIC, the agency has now allowed the PAN submission of exporters for the GST refund clearance in case any refund is held up due to the mismatch of any details such as GSTIN printed on return forms or shipping bills.
The CBIC has also organized a special refund fortnight for all the exports whose refunds are stuck due to anonymous issues probably due to a mismatch in details. It is speculated that the refund amount is around 14000 crores which got stuck due to the provision of mismatch.
The circular which implemented the use of PAN as asked all the field officers that the refund must be cleared as soon as possible for all those shipping bills and GST return forms in which the Permanent Account Number (PAN) is mentioned.
The mismatch may arise for any situations of an issue such as GSTIN mismatch may occur when a shipping bill filed by an entity having a registered office while the IGST paying entity is a manufacturing unit.
In this condition, the CBIC has cleared that the entity claiming refund must give an undertaking saying that, “not claim any refund or any benefit of the amount of IGST so paid.”
In fact, the CBIC also offered a manual correction platform for the exporters to correct the mismatch in the invoice details in GST returns and shipping bills. In which the exporters can choose to manually correct the shipping bills filed till 30th April 2018.
In a statement by CBIC, it is said that “Keeping in view the difficulties faced by the exporters in respect of SB005 errors (mismatch in invoice details in shipping bill and returns), Board has decided to extend the facility of officer interface to shipping bills filed up to April 30. However, the exporters are advised to align their export invoices submitted to Customs and GST authorities for smooth processing of refund claims.”
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