Reporting of large excise refunds must be made to income tax authorities quarterly, with a copy to supplies oversight. Refunds of Central Excise duties above the prescribed threshold must be reported quarterly to the concerned Income Tax authorities, with a copy to the ... Summary
Reporting of large excise refunds must be made to income tax authorities quarterly, with a copy to supplies oversight.
Refunds of Central Excise duties above the prescribed threshold must be reported quarterly to the concerned Income Tax authorities, with a copy to the central supplies oversight office; field formations are directed to strictly adhere to this reporting requirement following audit findings of non compliance.
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