CBIC immediately processed GST refund amid the covid-19 pandemic

CBIC immediately processed GST refund amid the covid-19 pandemic

CBIC immediately processed GST refund amid the covid-19 pandemic regarding Government earlier issued press release and decided to issue all pending GST and Custom refunds which would provide benefit to around 1 lakh business entities, including MSME. Thus, the total refund granted will be approximately Rs 18,000 crore. Said refund processed with various GST and Customs department.

Ludhiana Customs

IGST refunds scroll for amount of Rs 43.37 Crores involving 1063 Shipping Bills generated today at Ludhiana.

Ahmedabad Customs

IGST refunds scroll for amount of Rs 182.41 crores involving 3902 Shipping Bills and Drawback scroll for amount of Rs 16.97 crores involving 3925 Shipping Bills generated today at Ahmedabad Customs.

Drawback scroll for amount of Rs 40.22 crores involving 510 Shipping Bills generated on 11.04.2020 at Ahmedabad Customs.

Noida Customs

In order to provide liquidity to exporters, Noida Customs scrolled out IGST Refund of Rs 344 crores due to 6906 Shipping Bills and Rs 26.3 crores as Drawback in 13059 Shipping Bills.

Mundra Customs

On 11.04.2020, IGST refunds scroll for amount of Rs 119.31 Cr. involving 3625 Shipping Bills and Drawback scroll for amount of Rs 7.81 Cr involving 918 Shipping Bills generated today taxesindia.in at Custom House, Mundra. All exporters may check. 

Vadodara CGST

CGST Vadodara zone from 1st to 10th April 2020 during lockdown and working from home sanctioned 1246 GST Refunds of Rs 147 crores to provide liquidity to MSME and other units.
 
Lucknow CGST
 
In view of liquidity issues;CGST Lucknow Zone has embarked upon disposing pending CGST refund claims.During the period of lockdown, we have disposed of total 302 refund claims&disbursed Rs. 38.20 Crores to the taxpayers.
 
Bengaluru CGST
 
Taxpayer Refunds is a high priority item in the work from home environment- total disposal of refund claims for the period 24.03.2020 to 11.04.2020 at Bengaluru Central Tax Zone is 686 claims involving Rs.593.46 Cr.
 
Chennai CGST
 
In Chennai GST Zone, from 1st to 10th Apr 2020, 1198 refund claims involving Rs 372 cr were disposed as compared to 257 claims involving Rs 94 cr during 21st Mar to 31st Mar 2020, it’s 4 times the amount compared to previous 10 days.
 
Pune CGST
 
CGST Pune Zone sanctioned 472 GST refunds of Rs 294 cr working fm home using Remote Access Facility provided by CBIC during lockdown period, fm 31st March to 12 April, providing liquidity to the trade & MSMEs in particular, in difficult times of Covid-19.
 
Trichy Customs Preventive Zone
 
Working 24 hrs to help trade & industry and under special drive Trichy Customs Zone has cleared a total of 11378 Drawback & IGST claims with a total amount of Rs 78.93 crores within 4 working days.
 
Delhi CGST/Customs
 
In the wake of Covid-19 crisis & being fully sensitive to the need of Trade, Delhi Central Tax Zone is striving hard to process GST Refunds through Virtual Office. 503 refund claims involving Rs. 113 crores processed during Lockdown period, from March 24 to April 11, 2020.
 
As part of Special Refund & Drawback Disposal Drive, Delhi Customs Zone is working 24*7 during lockdown period to ensure timely refunds to exporters, especially MSMEs. IGST Refunds amounting to Rs.227.45 crores & Drawback amounting to Rs.49.06 crores disbursed.
 
ICD TKD Exports Commissionerate scrolled out IGST refunds amounting to Rs. 57.12 crores involving 1414 Shipping Bills and cleared drawback amounting to Rs 7.77 crores involving 2856 shipping bills.
 
Jaipur CGST
 
In an endeavour to provide immediate liquidity to the trade and industry CGST Jaipur Zone has processed 510 GST refund claims involving amount of Rs 68 Cr during 30 Mar-12 Apr 20 by working from home using remote access facility provided by CBIC during lockdown.
 
Patna Customs
 
Officers of Customs(P)Zone,Patna has scrolled out IGST Refunds amounting to Rs.20.54 Crore involving 2944 Shipping Bills & cleared drawback amounting to Rs.20.47 Crore involving 2080 Shipping Bills to provide liquidity to the exporters.
 
Hyderabad CGST/Customs
 
Officers of CGST, Hyderabad Zone have processed 217 GST refund claims involving an amount of Rs 133 Crores from 30.03.2020 to 10.04.2020 to provide immediate relief to the taxpayers in this hour of crisis.
 
1298 IGST refund claims with an amount of₹107.12 crores were processed and 3929 drawback claims involving an amount of ₹15.49 crores have been sanctioned by Hyderabad customs during the period 24.03.2020 to 11.04.2020 to facilitate the exporters.
 
Mumbai CGST/Customs
 
With a view to provide liquidity to the trade in this hour of crisis, the officers of CGST Mumbai Zone have processed 1246 GST Refund claims involving Rupees 347 crores from 30.03.2020 to 10.04.2020 by using Remote- Access taxesindia.in Facilty started by CBIC.
 
Mumbai Aircargo Customs Exports Commissionerate has scrolled out Rs 107.6 crs as IGST refund involving 3575 Shipping Bills & also scrolled out Duty Drawback of Rs. 17.5 crs involving 9258 Shipping Bills during April 2020 which will help the exporters. 
 
Rs 229.75 crores has been scrolled out for 5000 Shipping Bills of IGST and 10483 Shipping Bills of DBK in last one week by JNCH, Customs Zone II Mumbai.
 
Mumbai Customs Zone I, in its special drive to help the trade in these testing times, has cleared IGST refund of Rs 108.99 cr (325 S/Bs) & Drawback of Rs 5.016 cr (483 S/Bs), bringing the pendency to zero.
 
Kolkata CGST
 
In an endeavour to provide immediate liquidity to trade and industry during this hour of crisis, the CGST Kolkata Zone has processed 260 nos. of GST Refund Claims of Rs.32.02 Crores from 23rd March to 11th April,2020, using Remote-Access Facility provided by CBIC during lockdown.
 
 
“As a facilitation measure in these difficult times, CBIC has waived off late fee of Rs. 29 crores pertaining to 7821 Bills of Entry, in order to ensure no supply chain disruption of essential goods during lockdown period”
 

Relative Content : Government to issue all pending refunds immediately

 
Taxes India
 
TagS : #IndiaFightsCorona #Covid-19 @cbic_india

Get reliable, authentic and latest updates on taxation and other laws
in your inbox free.

Please check your inbox,spam or junk folder for confirmation

Something went wrong.

LEAVE A REPLY

Please enter your comment!
Please enter your name here