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of <h1>Ensure IGST Export Refunds: Match Bank Details on ICES and GSTN as per Rule 96(3) of CGST Rules.</h1> The circular from the Office of the Principal Commissioner, Goods & Services Tax in Ludhiana addresses issues related to IGST export refunds effective from October 1, 2017. It emphasizes the importance of accurately declaring bank account details to ensure successful electronic refunds to exporters' accounts. The circular advises that bank accounts registered with Customs on ICES should match those registered with GSTN, in accordance with Rule 96(3) of the CGST Rules, to facilitate data exchange and verification. Trade associations, chambers of commerce, and related members are urged to disseminate this information for necessary action.
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