The Central Goods and Services Tax Commissionerate has announced a temporary measure to make filing GST refund application a hassle-free affair for apparel exporters in Tirupur cluster.
The decision was announced by Central GST Commissionerate, Coimbatore, Sreenivasa Rao on the eve of first anniversary of the implementation of Goods and Service Tax (GST) after representation made by the Tirupur Exporters Association (TEA).
Now exporting units can file GST refund applications with available EGMs on hand as a temporary measure with an undertaking, stating that they would get Gateway EGM and file before the final settlement of claim, within two months.
Accordingly, after filing of refund application, 90% of the amount will be released to the exporting units. Various GST related issues such as difficulty while uploading the Statement-3 containing details of export invoices with the Export General Manifest (EGM) details, during the refund application procedures was one among major issues.
EGM option available on GST website after revision of format has discrepancies, like it was accepting only 7-digit numeric values while in many cases EGMs are issued in four/six numeric digits. Additionally, EGMs raised by CFS has alpha-numeric values. Various members were unable to file refund application due to unavailability of 7-digit EGM immediately.
TEA president Raja M. Shanmugam thanked Central Goods and Services Tax Commissionerate for announcing a sigh of relief as they are going through a tough situation. The exporting units have intensified their efforts to receive Gateway EGM from the liners.