Clarifications regarding Refunds of IGST paid on import in case of risky exporters

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....PF-I Date: 21.08.2019 PUBLIC NOTICE NO. 22/2019-cus Subject:- Clarifications regarding Refunds of IGST paid on import in case of risky exporters - reg. Attention of all the Importers, Exporters, Customs Brokers, Steamer Agents, Custodians/ Customs Cargo Service Providers, Trade Associations / Chamber of Commerce, Members of the RAC/ PGC and the Public is invited on the above subject. ....

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....credit (ITC). While addressing the aforesaid issue and consequent risk to revenue, Board would not like to dilute the emphasis it laid on reduction in time and cost related with EXIM clearances. It is pertinent to mention that only a miniscule percentage of export consignments are being selected for examination on account of risk associated with fraudulent availment of IGST refunds. However, keepi....