CBIC orders special drive for processing pending refund/ dra

CBIC orders special drive for processing pending refund/ drawback claims from May 15-31


CBIC orders special drive for processing pending refund/ drawback claims from May 15-31
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Synopsis
The Board issued instructions to all field units of customs and central tax on May 13, to prioritise processing and disposal of all pending refund and drawback claims as on May 14.
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Experts said that the move will surely help industry but added that a similar drive should be conducted for pending claims under GST regime.
The Central Board of Indirect Taxes and Customs (CBIC) will conduct a special drive to dispose of pending refunds and drawback claims from May 15 till May 31, in order to provide immediate relief to industry especially MSMEs during the pandemic.

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