Special Additional Duty refund: streamlined acceptance of VAT/ST challans with auditor certificate and consolidated certificate requirement. Acceptance of copies of VAT/ST challans accompanied by a consolidated statutory auditor/Chartered Accountant certificate in the prescribed proforma will be allowed for sanction of Special Additional Duty refunds, replacing the need for individual certification of each challan; original challans may be examined in doubtful cases. Four previously required auditor certificates are merged into a single Annexure S which must verify sale invoices, correlate VAT/ST payment or input tax adjustments with sales, and certify non-passing of duty burden, while a revised Annexure-A requires import and sale quantities for correct refund calculation.
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Special Additional Duty refund: streamlined acceptance of VAT/ST challans with auditor certificate and consolidated certificate requirement.
Acceptance of copies of VAT/ST challans accompanied by a consolidated statutory auditor/Chartered Accountant certificate in the prescribed proforma will be allowed for sanction of Special Additional Duty refunds, replacing the need for individual certification of each challan; original challans may be examined in doubtful cases. Four previously required auditor certificates are merged into a single Annexure S which must verify sale invoices, correlate VAT/ST payment or input tax adjustments with sales, and certify non-passing of duty burden, while a revised Annexure-A requires import and sale quantities for correct refund calculation.
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