Circular No.ES/33/2017-18 April 13, 2017
To: Members of the Council
Sub: Instructions for rectification of Errors in the Bank Account No., IFSC, etc. , given by exporters for processing claims of Duty Drawback and Rebate of State Levies (ROSL) Schemes
JNCH has issued Public Notice No. 50/2017 dated 10.04.2017 on the above subject.
Attention is invited of members of Trade to the fact that at times errors exist in the bank account number, IFSC 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).
In view of the above, members are advised to provide correct bank details, IFSC etc., in respect of IECs pointed out by Systems Directorate and follow up by field formation, for smooth disbursal of duty drawback and RoSL amount.
Members may kindly make note of the same.