Presently, the exporters had to register their incentive bank account for IGST refunds and drawbacks at every port where they intended to transact, a process that was governed by set timelines for approval by port officers. The Board has now decided to implement an auto-approval system. If an Importer Exporter Code (IEC) has already had a specific incentive bank account and IFSC code approved at any one customs location, the system will automatically approve the subsequent requests for the exact same combination at different customs locations.