FICCI Requests to Board for Reduction of Time Period for Settlement of Rebate on Exports to 30 Days from 90 Days

[Ref: CBEC Instruction dated 1 October 2013]

Subject: Request of Federation of Indian Chambers of Commerce and Industry (FICCI) for reduction of time period from 90 days to 30 days for settlement of rebate claims on exports.

Representations have been received from Trade bodies that field formations are not promptly sanctioning the rebate claims due to them. A suggestion has been made that the time limit prescribed in Section 11BB of the Central Excise Act, 1944 may be reduced from 3 months to 30 days.

2. The matter has been examined. It is seen that while the 90 days prescribed under Section 11BB of the Central Excise Act, 1944 is the outer limit after which interest becomes payable, there is nothing to prohibit processing & disposal of claims much earlier.

3. I am directed to inform that all efforts should be made to ensure that the claims of rebate are disposed of within 30 days from the date of receipt of the claim complete in all respect, except those requiring preaudit. Further, claims requiring preaudit may also be processed expeditiously.

4. Chief Commissioners are requested to put in place a monitoring mechanism to carry out these instructions.

F. No. 267/39/13-CX.8