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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Exporters Urged to Validate Bank Accounts in PFMS for Smooth Drawback Claims Processing per Customs Circular.</h1> The circular from the Office of the Commissioner of Customs, Chennai, emphasizes the necessity for exporters to validate and update their bank accounts in the Public Financial Management System (PFMS) for the efficient processing and disbursal of drawback claims. Exporters must ensure their accounts are validated to avoid financial hardships and delays in receiving sanctioned drawbacks. Required documents for account updation include a request letter, verified account details, IEC copy, PAN copy, and a bank cheque leaf. Any issues with this procedure should be reported to the Deputy Commissioner of Drawback at Chennai Customs.
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