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of <h1>New Circular Simplifies IGST Refunds for Exporters by Addressing Data Transmission Failures and Misdeclared Amounts.</h1> The circular addresses issues hindering the sanction of Integrated Goods and Services Tax (IGST) refunds for exporters due to data transmission failures from the Goods and Services Tax Network (GSTN) to the Customs Electronic Data Interchange (EDI) system. Exporters often misdeclare IGST amounts in their returns, leading to mismatches and refund blockages. The circular outlines procedures for resolving these issues, including submitting Chartered Accountant certificates and undertaking post-refund audits. It provides steps for cases with and without short payments, emphasizing compliance to ensure future refund eligibility and mandates communication between various customs and GST authorities to facilitate the process.
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