CBEC addresses errors hindering July IGST refunds disbursal; Advises precautionary measures for merchant-exporters

CBEC issues clarification in respect of common errors hindering disbursal of IGST refund for exports made in July 2017, stating that while refund is getting disbursed w.e.f. October 10, 2017 where information furnished by exporters in Forms GSTR-1 and GSTR-3B matches with details in Shipping Bills (SB), in many cases same could not be done due to errors in Export General Manifest (EGM) / Form GSTR-1 / SB; Explains, where SB number is wrongly / not quoted in GSTR-1 or pertains...