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Refund claims for dealers: automatic ECS refunds up to Rs 1 lakh per period, with 10% selected later for audit. The circular provides for central ECS disbursement of VAT refunds up to Rs. 1 lakh per tax period for claims through 31 March 2013 based on dealer online self declaration; 10% of such cases will be audited later. The system will deduct pending dues before refund. Dealers must file an online declaration between 25.09.2013 and 10.10.2013, submit acknowledgement to the zonal office, may reconcile demands online, provide bank details, and may surrender amounts against pending central forms for refund purposes without forfeiting appellate rights.
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Provisions expressly mentioned in the judgment/order text.
Refund claims for dealers: automatic ECS refunds up to Rs 1 lakh per period, with 10% selected later for audit.
The circular provides for central ECS disbursement of VAT refunds up to Rs. 1 lakh per tax period for claims through 31 March 2013 based on dealer online self declaration; 10% of such cases will be audited later. The system will deduct pending dues before refund. Dealers must file an online declaration between 25.09.2013 and 10.10.2013, submit acknowledgement to the zonal office, may reconcile demands online, provide bank details, and may surrender amounts against pending central forms for refund purposes without forfeiting appellate rights.
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