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    <title>Validation of Bank Accounts in the PFMS for speedy &amp; smooth disbursal of IGST (Integrated Goods &amp; Services Tax) Export refund</title>
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    <description>Validation of exporters&#039; bank accounts in PFMS is mandatory for disbursal of IGST export refunds; the Shipping Bill is treated as the IGST Export Refund Application and the refund is deemed filed when the EGM is filed and a valid Form GSTR 3 return is furnished. Exporters with closed or unvalidated PFMS accounts risk non credit of refunds and are instructed to update and avoid changing bank account details during the current financial year; Annexure A lists unvalidated accounts.</description>
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    <pubDate>Fri, 22 Sep 2017 00:00:00 +0530</pubDate>
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      <description>Validation of exporters&#039; bank accounts in PFMS is mandatory for disbursal of IGST export refunds; the Shipping Bill is treated as the IGST Export Refund Application and the refund is deemed filed when the EGM is filed and a valid Form GSTR 3 return is furnished. Exporters with closed or unvalidated PFMS accounts risk non credit of refunds and are instructed to update and avoid changing bank account details during the current financial year; Annexure A lists unvalidated accounts.</description>
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      <pubDate>Fri, 22 Sep 2017 00:00:00 +0530</pubDate>
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