The Finance Ministry in a statement said that this overcomes the problem of refund blockage by allowing refunds subject to undertakings/submission of CA certificates by the exporters and post refund audit scrutiny.
Also, the CBIC has extended the facility for resolving invoice mismatch errors (classified as SB-005 error) through the customs officer interface permanently vide Circular 05/2021. Earlier this facility was provided for a limited period i.e. in respect of shipping bills filed up to 31.12.2019.
As per the FinMin, the exporter may avail the facility of correction of Invoice mismatch errors (error code SB-005) in respect of all past shipping bills, irrespective of its date of filing subject to payment of a nominal fee.
"The CBIC has continuously taken a proactive approach to resolving issues faced by the trade. It is seen that a considerable number of exporters have been facing difficulties in getting their IGST refund sanctioned either due to lack of facility to amend GST 3B return or bonafide clerical/human errors while filing the documents," FinMin said.