"In order to ensure smooth processing and payment of refund of IGST paid on exported goods, it has been decided that said refund amount shall be credited to the bank account of the exporter registered with customs even if it is different from the bank account of the applicant mentioned in his registration particulars," the CBEC said.
It also advised exporters to either change the bank account declared to customs to align it with their GST registration particulars or add the account declared with Customs in their GST registration details for smooth transfer of refund.
Revenue Secretary Hasmukh Adhia had earlier this week said that the government will clear pending GST refunds of exporters by November-end.
Over July-August, an estimated Rs 67,000 crore has accumulated as the Integrated GST (IGST), of which only about Rs 5,000-10,000 crore will be due as refunds to exporters.
For claiming the refunds, exporters have to fill Table 6A while filing GSTR-1 for July, August and September.
To ease their problems, the GST Council last week decided a package for them that includes extending the Advance Authorisation / Export Promotion Capital Goods (EPCG) / 100 per cent EOU (Export Oriented Unit) schemes to sourcing inputs from abroad as well as domestic suppliers till March 31, thus not requiring to pay IGST.