Refund of tax claims require prescribed application, evidence and officer determination with provisional and final settlement. Refund claims for tax, interest or other amounts require prescribed application, documentary evidence (with a declaration permitted for smaller claims), and must be made within statutory time limits from the relevant date. Unutilised input tax credit refunds are allowed only for zero-rated supplies and where input tax rates exceed output rates, subject to exclusions. The proper officer may grant provisional refunds for zero-rated supplies, issue final orders within a prescribed period, and withhold or deduct refunds where returns are outstanding, liabilities exist, or proceedings indicate revenue risk.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Refund of tax claims require prescribed application, evidence and officer determination with provisional and final settlement.
Refund claims for tax, interest or other amounts require prescribed application, documentary evidence (with a declaration permitted for smaller claims), and must be made within statutory time limits from the relevant date. Unutilised input tax credit refunds are allowed only for zero-rated supplies and where input tax rates exceed output rates, subject to exclusions. The proper officer may grant provisional refunds for zero-rated supplies, issue final orders within a prescribed period, and withhold or deduct refunds where returns are outstanding, liabilities exist, or proceedings indicate revenue risk.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
