Quick Summary
The Central Board of Indirect Taxes and Customs (CBIC) has extended the time limit for sanction of pending IGST refunds in such cases where records have not been transmitted to ICEGATE due to GSTR1 and GSTR3B mismatch error. This overcomes the problem of refund blockage by allowing refunds subject to undertakings/submission of CA certificates by the exporters and post refund audit scrutiny. This facilitation was issued Vide Circular 04/2021 and would be applicable to all shipping bills filed up
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FAQ :
The CBIC has extended the time limit for sanctioning pending IGST refunds and introduced a permanent facility to resolve invoice mismatch errors (SB-005).
Refunds were blocked due to records not being transmitted to ICEGATE because of GSTR1 and GSTR3B mismatch errors, or bona-fide clerical/human errors.
Refunds can be sanctioned subject to exporters providing undertakings or submitting CA certificates, with post-refund audit scrutiny.
The SB-005 error relates to invoice mismatch. It can now be resolved permanently through a customs officer interface, applicable to all past shipping bills upon payment of a nominal fee.
Circular 04/2021-Customs dated 16.02.2021 addresses the extended time limit for refunds due to GSTR1/GSTR3B mismatches, and Circular 05/2021-Customs dated 17.02.2021 provides the permanent facility for invoice mismatch errors.
No, the facility to correct invoice mismatch errors (SB-005) is now permanent and applicable to all past shipping bills, regardless of filing date, subject to a nominal fee.
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