The Central Board of Indirect Taxes and Customs (CBIC) has announced a "Special Refund and Drawback Disposal Drive" running from 15th May to 31st May 2021. The initiative aims to prioritise and clear all outstanding refund and drawback claims, offering much-needed financial relief to businesses, particularly MSMEs, during challenging times. Customs authorities are urged to monitor progress daily and coordinate with trade associations to ensure maximum disposal of pending claims.
The Central Board of Indirect Taxes and Customs has implemented theSpecial Refund and Drawback Disposal Drive with the objective of priority processing and disposal of all pending refund and drawback claims. Read the official announcement below:
Instruction No. 10/2021-Customs
F. No. 450/119/2017-Cus-IV
Government of India
Ministry of Finance
Department of Revenue
(Central Board of Indirect Taxes and Customs)
****
New Delhi, Dated the 13th May, 2021
To,
All Principal Chief Commis
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FAQ :
It is a special initiative by the CBIC to prioritise and dispose of all pending refund and drawback claims.
The drive is scheduled to run from 15th May 2021 to 31st May 2021.
The primary objective is to provide immediate relief to businesses, especially MSMEs, by promptly processing and disposing of pending refund and drawback claims.
Principal Chief Commissioners and Chief Commissioners are responsible for closely monitoring the performance on a daily basis and guiding officers.
Wherever the applicant's email ID is available, all communication will be conducted via email to facilitate exporters.
Deficiency memos should be reviewed, and refund or drawback claims should be considered on their individual merits.