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<h1>New Guidelines for Processing Refunds Under DVAT Act, 2004: Ensuring Genuine Claims and Streamlined Procedures.</h1> The circular outlines guidelines for processing refund applications under the Delhi Value Added Tax (DVAT) Act, 2004. It supersedes a previous circular and mandates that VAT Officers ensure only genuine refund claims are processed without undue harassment to dealers. The guidelines specify the scrutiny of revised returns, verification of input tax credits, and careful examination of credit notes and statutory forms. Export transactions and branch transfers must be verified with supporting documents. The circular also provides a format for processing applications to maintain uniformity and emphasizes checking TDS certificates and payments. The guidelines aim to streamline procedures and ensure compliance with DVAT provisions.