{"id":2544,"date":"2021-02-22T06:36:48","date_gmt":"2021-02-22T06:36:48","guid":{"rendered":"https:\/\/swaritadvisors.com\/blog\/?p=2544"},"modified":"2021-02-22T07:07:19","modified_gmt":"2021-02-22T07:07:19","slug":"extension-of-sanction-for-pending-igst-refunds-by-cbic","status":"publish","type":"post","link":"https:\/\/swaritadvisors.com\/blog\/extension-of-sanction-for-pending-igst-refunds-by-cbic\/","title":{"rendered":"Extension of Sanction for Pending IGST Refunds by CBIC"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Recently, the CBIC or the Central Board of Indirect\nTaxes and Customs has notified an extension of sanction for pending IGST\nrefunds in the cases where the records have not been transferred to ICEGATE due\nto mismatch error in GSTR 1 and GSTR 3B. Further, the same has been notified by\nway of General Circular No 04\/ 2021.<\/p>\n\n\n\n<p>In this blog, we will discuss about the concept of\nICEGATE, together with the extension of sanction for pending IGST refunds by\nCBIC.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3a62925333f\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3a62925333f\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/swaritadvisors.com\/blog\/extension-of-sanction-for-pending-igst-refunds-by-cbic\/#Concept_of_ICEGATE\" title=\"Concept of ICEGATE\">Concept of ICEGATE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/swaritadvisors.com\/blog\/extension-of-sanction-for-pending-igst-refunds-by-cbic\/#Concept_of_IGST_Refunds\" title=\"Concept of IGST Refunds\">Concept of IGST Refunds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/swaritadvisors.com\/blog\/extension-of-sanction-for-pending-igst-refunds-by-cbic\/#Reasons_for_Extension_of_Sanction_for_Pending_IGST_Refunds\" title=\"Reasons for Extension of Sanction for Pending IGST Refunds\">Reasons for Extension of Sanction for Pending IGST Refunds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/swaritadvisors.com\/blog\/extension-of-sanction-for-pending-igst-refunds-by-cbic\/#Earlier_Measures_taken_by_CBIC\" title=\"Earlier Measures taken by CBIC\">Earlier Measures taken by CBIC<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/swaritadvisors.com\/blog\/extension-of-sanction-for-pending-igst-refunds-by-cbic\/#Current_Measures_taken_by_CBIC\" title=\"Current Measures taken by CBIC\">Current Measures taken by CBIC<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/swaritadvisors.com\/blog\/extension-of-sanction-for-pending-igst-refunds-by-cbic\/#Other_Necessary_Requirements\" title=\"Other Necessary Requirements\">Other Necessary Requirements<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/swaritadvisors.com\/blog\/extension-of-sanction-for-pending-igst-refunds-by-cbic\/#Directions_for_Customs_Zones\" title=\"Directions for Customs Zones\">Directions for Customs Zones<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/swaritadvisors.com\/blog\/extension-of-sanction-for-pending-igst-refunds-by-cbic\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/swaritadvisors.com\/blog\/extension-of-sanction-for-pending-igst-refunds-by-cbic\/#Official_CBIC_Circular_for_extension_of_sanction_for_pending_IGST_Refunds\" title=\"Official CBIC Circular for extension of sanction for pending IGST Refunds\">Official CBIC Circular for extension of sanction for pending IGST Refunds<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Concept_of_ICEGATE\"><\/span>Concept of ICEGATE<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The term ICEGATE stands for the Indian Customs\nElectronic Gateway. It is a national web portal of Indian Customs, launched by\nCBIC. Further, this portal offers e-filing services to Cargo Carriers, Traders,\nand other Trading Partners on an electronic basis.<\/p>\n\n\n\n<p>Also, it shall be considerate to take into\nconsideration that this web portal is internally associated with multiple\npartner agencies, such as follows:<\/p>\n\n\n\n<ul><li><a href=\"https:\/\/en.wikipedia.org\/wiki\/Reserve_Bank_of_India\">Reserve Bank of India<\/a>;<\/li><li>Banks;<\/li><li>Director General\nof Foreign Trade;<\/li><li>Director General\nof Commercial Intelligence and Statistics;<\/li><li>Ministry of\nSteel;<\/li><li>Directorate of\nValuation;<\/li><li>Other various\npartner government agencies that are engaged in the EXIM trade enabling faster\ncustoms clearance;<\/li><\/ul>\n\n\n\n<p><strong>Moreover, the\nhost of services offered by way of Indian Customs are as follows:<\/strong><\/p>\n\n\n\n<ul><li>Electronic Filing of the BOE (Bills of Entry) (work as Import Goods Declaration);<\/li><li>Shipping Bills (works as Export Goods Declaration);<\/li><li>E-payment of Customs Duty;<\/li><li>Free Web based Common Signer Utility, etc.;<\/li><\/ul>\n\n\n\n<p><strong>Also, Read:<\/strong> <mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/swaritadvisors.com\/blog\/implications-of-union-budget-2021-on-gst-act\/\">Implications of Union Budget 2021 on GST Act<\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Concept_of_IGST_Refunds\"><\/span>Concept of IGST Refunds<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>All the individuals who have exported their goods or services or both, out of India, on the payment of IGST (Integrated Goods and Service Tax) are qualified to claim the refund of the Integrated Tax so paid. However, it shall be relevant to state that the same is possible only after the fulfilment of the conditions prescribed, such as filing of the correct and adequate information concerning the <a href=\"https:\/\/swaritadvisors.com\/gst-registration\" class=\"text-primary\"><strong>GST Registration<\/strong><\/a><strong> <\/strong>Number in both GSTN and Customs System.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Reasons_for_Extension_of_Sanction_for_Pending_IGST_Refunds\"><\/span>Reasons for Extension of Sanction for Pending IGST Refunds<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The\nmain reason behind the extension of Sanction for Pending IGST Refunds is that\nthe records have not been transferred to ICEGATE due to mismatch error in GSTR\n1 and GSTR 3B.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Earlier_Measures_taken_by_CBIC\"><\/span>Earlier Measures taken by CBIC<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Earlier, the Central Board of Indirect Taxes and Customs had provided an interim measure for the Shipping Bills that are issued up to 31.03.2019, by way of Circular No. 12\/ 2018 and 25\/ 2019, issued on 29.05.2018 and 27.08.2019, respectively.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Current_Measures_taken_by_CBIC\"><\/span>Current Measures taken by CBIC<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>It shall be pertinent to state that the IGST refunds\napplicable to the Shipping Bills, which are issued after 31.03.2019 and which are\nhaving a mismatch error between GSTR 1 and GSTR 3B are stuck as well. <\/p>\n\n\n\n<p>As a result, CBIC has decided to extend the facility\nas offered by way of Circular No. 12\/ 2018 and 25\/ 2019, issued on 29.05.2018\nand 27.08.2019, respectively, to these shipping bills also. That means the\nprovisions of the circulars mentioned above will be applicable \u201cmutatis mutandis\u201d to the Shipping Bills, which are\nfiled up to 31.03.2021.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Other_Necessary_Requirements\"><\/span>Other Necessary Requirements<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The other necessary requirement stated by the\nCentral Board of Indirect Taxes and Customs is that the assessee needs to\nobtain a corresponding Certificate from the Chartered Accountant declaring that\nthere is no discrepancy between the actual amount paid on the exports of goods\nand the IGST amount refunded on the exports. The same will be for the period\nranging between April 2019 to March 2020 and April 2020 to March 2021. Also,\nthe due date for filing such certificate is 31.03.2021 and 30.10.2021, respectively.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Directions_for_Customs_Zones\"><\/span>Directions for Customs Zones<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Based on the circular issued by the Central Board of\nIndirect Taxes and Customs, all the respective Customs Zones are directed to\nprovide a list of GSTINs (Goods and Service Tax Identification Number) who have\navailed benefits under the provision stated in Paragraph 3A and 3B of the\ncirculars mentioned above and have not furnished the certificate of declaration\nfrom the Chartered Accountant to the board by the 15.04.2021 for the IGST\nrefunds concerning the financial year 2019 to 2020. Further, for the financial\nyear 2020 to 2021, the date of furnishing the certificate is 15.11.2021.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In\na nutshell, the CBIC has notified an extension of sanction for pending IGST refunds\nby way of a General Circular. The said extension will relate to the cases where\nthe records have not been transferred to ICEGATE due to mismatch error in GSTR\n1 and GSTR 3B. <\/p>\n\n\n\n<p>Also,\nthe Customs Zones are asked to provide a list of GSTINs who have benefited from\nthe extension but have not submitted the certificate of declaration as issued\nby a practising Chartered Accountant.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Official_CBIC_Circular_for_extension_of_sanction_for_pending_IGST_Refunds\"><\/span>Official CBIC Circular for extension of sanction for pending IGST Refunds<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<a href=\"https:\/\/swaritadvisors.com\/blog\/wp-content\/uploads\/2021\/02\/CBIC-Circular-for-extension-of-sanction-for-pending-IGST-Refunds.pdf\" class=\"pdfemb-viewer\" style=\"\" data-width=\"max\" data-height=\"max\"  data-toolbar=\"bottom\" data-toolbar-fixed=\"off\">CBIC-Circular-for-extension-of-sanction-for-pending-IGST-Refunds<br\/><\/a>\n<p class=\"wp-block-pdfemb-pdf-embedder-viewer\"><\/p>\n\n\n\n<p><strong>Also, Read:<\/strong> <mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/swaritadvisors.com\/learning\/cbic-notifies-rules-for-monthly-quarterly-filing-of-form-gstr-1\/\">CBIC Notifies Rules for Monthly and Quarterly Filing of Form GSTR 1<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recently, the CBIC or the Central Board of Indirect Taxes and Customs has notified an extension of sanction for pending IGST refunds in the cases where the records have not been transferred to ICEGATE due to mismatch error in GSTR 1 and GSTR 3B. Further, the same has been notified by way of General Circular [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2545,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[39,50],"tags":[411],"acf":[],"_links":{"self":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/2544"}],"collection":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/comments?post=2544"}],"version-history":[{"count":8,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/2544\/revisions"}],"predecessor-version":[{"id":2556,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/2544\/revisions\/2556"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/media\/2545"}],"wp:attachment":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/media?parent=2544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/categories?post=2544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/tags?post=2544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}