CBIC appoints Principal Director General/ Director General of DGARM to withold refund for verification of exporters
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- By Chetan Kulasri
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- Last Updated on 23 July, 2022
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Order No. 01/2022-GST dated July 21st, 2022
The CBIC has issued an order to authorise Principal Director General/ Director General of Directorate General of Analytics and Risk Management to exercise the functions under clause (c) of sub-rule (4) of rule 96 of the CGST Rules, throughout the territory of India.
Rule 96(4) (c) provides that the claim for refund shall be withheld if the Commissioner in the Board or an officer authorised by the Board, on the basis of data analysis and risk parameters, is of the opinion that verification of credentials of the exporter, including the availment of ITC by the exporter, is considered essential before grant of refund, in order to safeguard the interest of revenue.
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