The Synthetic & Rayon Textiles Export Promotion Council

Errors in the Bank account No., IFSC Code, etc. given by exporters for processing claims of Duty Drawback and Rebate of State Levies (ROSL) Scheme Errors in the Bank account No., IFSC Code, etc. given by exporters for processing claims of Duty Drawback an

Circular No.ES/343 /2016-17                                                                     March 20, 2017

To: Members of the Council

Sub:  Errors in the Bank account No., IFSC Code, etc. given by exporters for processing claims of Duty Drawback and Rebate of State Levies (ROSL) Scheme Errors in the Bank account No., IFSC Code, etc. given by exporters for processing claims of Duty Drawback and Rebate of State Levies (ROSL) Scheme

Dear Member,

CBEC has issued  Instructions No. 3/2017-Customs dated 16.03.2017 on the above subject.

It has been brought to the notice of the Board by Systems Directorate that at times errors exist in the Bank account number, IFSC code, etc. given by exporters, which leads to rejection of claim for payment of Duty Drawback by the local bank authorities. Similarly, even a single such error leads to rejection of entire scroll in the Public Financial Management System (PFMS) during the processing of claims for Rebate of State Levies (ROSL).

Members of Trade were been advised by the Systems Directorate to ensure correct account details vide their advisory/ ticker on the ICEGATE website. However, it is found that these details in respect of numerous exporters are still not rectified, leading to rejection of claims of Duty Drawback and scrolls of ROSL amount.

In view of the above, members of Trade are advised to provide correct Bank account details, IFSC code, etc. in respect of IECs pointed out by Systems Directorate for smooth disbursal of Duty Drawback and ROSL amount.

Thanking you,

V.ANIL KUMAR
EXECUTIVE DIRECTOR