Customs – PUBLIC NOTICE NO. 44/2017 – Dated:- 12-10-2017 – GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE OFFICE OF THE PRINCIPAL COMMISSIONER OF CUSTOMS CUSTOM HOUSE, PORT AREA, VISAKHAPATNAM – 530 035 F. No. S2/08/2017-EDI Date: 12/10/2017 PUBLIC NOTICE NO. 44/2017 Sub: Validation of Bank Accounts in the Public Financial Management System (PFMS) for speedy & smooth disbursal of IGST (Integrated Goods & Services Tax) Export Refund-reg. Attention of all the importers, exporters, Customs brokers, and other stake holders is invited to the processing of refund of IGST paid on goods exported. 2. In this context, it is again clarified that the shipping bill itself are treated as the refund application with effect from 01/
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"closed" bank accounts of the exporters still exist in the system and PFMS has invalidated such accounts making the prospective disbursal of IGST refund to such closed accounts impossible. Accordingly, the list of accounts, which are not validated by PFMS pertaining VCH (Export) is uploaded on the website of the "Visakhapatnam Customs House" (www.Vizagcustoms.gov.in) under the heading "Latest for wider publicity and necessary action at the end of the concerned exporters. 5. In view of the above, exporters are advised to update their bank accounts immediately and not to make any changes in the same during the current financial year for smooth disbursal of IGST Refund. 6. Difficulties if any may be brought to the not
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