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

VAT refund denial risk from omitted supplier entries can be contested with audit reconciliation and appeal remedies.
Omission of supplier-wise entries in Annexure J(2) of Form 704 may be addressed by submitting an audit report and ledger reconciliation as documentary evidence; clerical mistakes can be corrected through cross-verification with the supplier's statutory records, but substantive deficiencies discovered on verification may lead the department to disallow the refund, and corrections can be barred by statutory time limits, with appeal remedies available.