New Delhi, Sept 3 (KNN) The Central Board of Indirect Taxes and Customs (CBIC) has asked its field officers to make GST refund drive successful.

Finance Minister Nirmala Sitharaman  has promised to clear the refunds of micro, small and medium enterprises (MSMEs) within 30 days to boost exports.

In a letter to tax officers across the country, CBIC Chairman Pranab K. Das said, “We must endeavour to make this refund drive a grand success."

Meanwhile, according to a media report, Das has cautioned the officers about risky exporters and asked them to extend support only to genuine exporters. 

Further, the field officers have been advised to create awareness among traders about errors that result in delay of refunds and avail the mechanism provided currently to get back their refunds.

"However, it may be noted that the facilitation is extended only for genuine exporters, but for the risky exporters, the line of action shall be to safeguard the revenue first," CBIC chief wrote.

The CBIC chief has asked field officers to extend all possible cooperation to taxpayers for this.

Published On : 03-09-2019

Source : KNN India