CBEC

CBEC decides to extend “Refund Fortnight” and keep open all Customs field offices on 29th , 30th and 31st March, 2018.

CBEC decides to extend the “Refund Fortnight” and keep open all the Customs field formations on 29th , 30th and 31st March, 2018.
In order to facilitate the sanction of refunds, the Central Board of Excise and Customs (CBEC) has decided to extend the “Refund Fortnight” and keep open all the Customs field formations on 29.03.2018, 30.03.2018 and 31.03.2018 even though these are holidays/ non-working days. Necessary administrative instructions have been issued in this regard. The Government of India is keen to ensure that all the exporters get their refunds sanctioned at the earliest and, therefore, requests the exporters to avail this opportunity to settle their refund claims if not done as yet.

Earlier, the Central Board of Excise and Customs (CBEC) had taken an initiative to observe a Refund Sanction Fortnight from 15th March to 29th March, 2018 on an all India scale. Administrative and logistical arrangements were made in order to ensure that maximum number of pending refund claims are settled during the said fortnight. As per the reports from field offices of CBEC, most of the refund claims which were pending due to errors committed while filing the GST returns and where exporters came forward with requisite documentation​,​have been settled. However, the Government of India is keen to ensure that all the exporters get their refunds sanctioned at the earliest and, therefore, requests the exporters to avail this opportunity to settle their refund claims if not done as yet.

Share

Recent Posts

  • Income Tax

Wrong penalty section in Assessment order can be rectified being mistake apparent on record

Wrong penalty section mentioned in Assessment order can be rectified being mistake apparent on record when there is no debate…

11 hours ago
  • Income Tax

All business Income not qualify for deduction u/s 36(1)(viii) unless derived from long-term finance

Even if a receipt is classified as Business Income u/s 28, it does not automatically qualify for the special deduction…

12 hours ago
  • Income Tax

Just because log book not maintained does not mean vehicles used for personal purposes

Just because log book was not maintained does not mean that vehicles were used for personal purposes by the Trustee…

16 hours ago
  • Income Tax

No addition can be made on grounds other than reasons to believe recorded u/s 148

Where belief of escapement of income as per reasons recorded fails no other addition can be made by the AO…

18 hours ago
  • Income Tax

Date of dispatch of Speed Post of verified ITR-V relevant for determining 30 days period

Date of dispatch of Speed Post of duly verified ITR-V shall be considered for the purpose of determination of 30…

1 day ago
  • Income Tax

Cash deposit before giving unsecured loan-Addition in hands of loan creditor or receiver?

Cash deposited in bank before giving unsecured loan. The addition if at all can be made u/s 69A in the…

1 day ago