TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>New GST Circular Sets Guidelines for Processing Refund Claims with Mandatory Post-Audit for Claims Over Rs. 1 Lakh.</h1> The circular outlines procedures for the sanction, post-audit, and review of GST refund claims to ensure consistency and protect revenue interests. It mandates detailed guidelines for processing refund claims, requiring a comprehensive speaking order for each claim, detailing the basis for approval or rejection. Refund claims are subject to post-audit only if they exceed Rs. 1 lakh. A Post-Audit Cell is established for this purpose, which must complete audits within three months. The review of refund orders should be completed at least 30 days before the appeal deadline. The circular emphasizes uniformity and effective monitoring in handling refund claims.
TaxTMI 
TaxTMI 
