With an objective to process and dispose all pending refund and drawback claims pending till 14 May 2021, the CBIC vide Instruction No. 10/2021 – Customs dated 13 May 2021, has implemented a special drive ‘Special Refund and Drawback Disposal Drive’ w.e.f. 15 May 2021 to 31 May 2021. This drive has been specially implemented in order to provide immediate relief to the business entities, especially MSMEs, in these difficult times of the COVID-19 pandemic. However, the CBIC has clarified that the following points shall be duly followed during the Special Drive:
Disclaimer:
The information provided in this update is intended for informational purposes only and does not constitute legal opinion or advice. Readers are requested to seek formal legal advice prior to acting upon any of the information provided herein. This update is not intended to address the circumstances of any particular individual or corporate body. There can be no assurance that the judicial/ quasi judicial authorities may not take a position contrary to the views mentioned hereinrra quis.
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