VAT Refund

[kiran pai]

Dear sir,

We are the manufacturer of textile and textile products, while submitting the Form 704 to the dept of sales Govt. of Maharashtra our personal has made a mistake that the party's name was not mentioned in the J2 annex. Now the said party has raised the debit note on us and demanding the payment. Actually we have to collect the sum from him for the supply we had made. This matter pertaining to the period of 2009-10. Party's justification is that the assessment is going on for the said period and the dept has disallowed the refund for him worth our supply. Now my query is can the dept., disallow the refund to the party on our mistake. We had reconciled his ledger and issued confirmation certificate. Please do reply with suitable law rule and section of Maharashtra VAT.

Thanks,

Kiran Pai

AI Summary

Textile Manufacturer Faces VAT Refund Issue Due to Clerical Error on Form 704; Exploring Legal Options for Resolution. A manufacturer of textiles submitted Form 704 incorrectly, omitting a party's name in the J2 annex, which led to a debit note from the party and a demand for payment. The issue relates to a VAT refund disallowed by the Maharashtra government for the 2009-10 period. An advisor suggests that this clerical error can be corrected by submitting a reconciliation and documentary evidence, though the period is now time-barred for corrections. The manufacturer or supplier may appeal the decision, and consulting with legal counsel is recommended to resolve the matter with the assessing authorities.