VAT refund processing: verify input tax credit and authenticate supporting sales before adjusting outstanding demands. Verification of refund claims requires two components: confirmation of Input Tax Credit via mismatch reports and Actual Tax Payment Reports, and authentication of sales supporting the refund through statutory forms, eBRC for exports, and Form 9/Annexure filings; Assessing Authorities may issue a single notice to call documents, frame assessments for mismatches or shortfall of forms, adjust un-stayed outstanding demands against refunds, and use system tools to calculate tax and interest before releasing refunds.
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Provisions expressly mentioned in the judgment/order text.
VAT refund processing: verify input tax credit and authenticate supporting sales before adjusting outstanding demands.
Verification of refund claims requires two components: confirmation of Input Tax Credit via mismatch reports and Actual Tax Payment Reports, and authentication of sales supporting the refund through statutory forms, eBRC for exports, and Form 9/Annexure filings; Assessing Authorities may issue a single notice to call documents, frame assessments for mismatches or shortfall of forms, adjust un-stayed outstanding demands against refunds, and use system tools to calculate tax and interest before releasing refunds.
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