Customs-IGST Refunds& Drawbacks -IGST refunds and Drawbackson exports not disbursed due to PFMS ERRORS
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....rsed due to various reasons. 3. With the introduction of PFMS aimed at timely transfer of benefits to the citizens by bringing efficiency, effectiveness, transparency and accountability in the Government systems, IT infrastructure across Customs and GST has been integrated. As a result, account details already registered with the department are being verified by PFMS to facilitate transfer of such benefits. The PFMS is not able to verify the account details and shows error, if there is improper registration or non-registration of proper AD Code (Authorised Dealer Code) or Bank Account details. In the case of IGST Refund/Drawback, etc, the list of PFMS error codes along with rectification of these errors is enclosed as Annexure-1. The IEC h....
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....ill be able to add/ update bank account number for Bank A/C for Export Promotion Incentive (IGST Refund) and Authorized Dealer Code Registration (Drawback Claims). The detailed stepwise procedure is given under Advisory Tab at www.icegate.gov.in, which may be referred to. The link is as under: https://www.icegate.gov.in/download/BankAccountManagementAdvisory15072.pdf The Exporters are advised to verify their existing Bank Account details in ICEGATE and add or update the details exactly matching to the details in their actual bank account, including Beneficiary Name, IFSC code, Name of the Bank, Account number etc. 5. Failed-after Success cases: Procedure prescribed under ICES AdvisoryNo.18/2020 dtd.01.06.2020: In some cases, despite upda....