<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Processing of VAT refund - New certificates introduced, need to be recorded by the concerned officers while processing refund</title>
    <link>https://www.taxtmi.com/circulars?id=53522</link>
    <description>Claims for VAT refund filed in a dealer&#039;s return must be disposed within the statutory period or, if additional information is needed, a formal notice seeking that information must be issued within that period; the Value Added Tax Officer is responsible for taking one of these actions and statutory interest may apply for delay. The department requires uniform, accountable file examination and prescribes specific certificates by the VAT Inspector, Ward In Charge, Zonal Accounts Officer (Refund) and Zonal In Charge confirming field verification, matching of ITCs with VAT payments, review in light of statutes and audit paras, and recommending approval.</description>
    <language>en-us</language>
    <pubDate>Wed, 10 Jun 2015 00:00:00 +0530</pubDate>
    <lastBuildDate>Sat, 13 Jun 2015 09:57:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=387441" rel="self" type="application/rss+xml"/>
    <item>
      <title>Processing of VAT refund - New certificates introduced, need to be recorded by the concerned officers while processing refund</title>
      <link>https://www.taxtmi.com/circulars?id=53522</link>
      <description>Claims for VAT refund filed in a dealer&#039;s return must be disposed within the statutory period or, if additional information is needed, a formal notice seeking that information must be issued within that period; the Value Added Tax Officer is responsible for taking one of these actions and statutory interest may apply for delay. The department requires uniform, accountable file examination and prescribes specific certificates by the VAT Inspector, Ward In Charge, Zonal Accounts Officer (Refund) and Zonal In Charge confirming field verification, matching of ITCs with VAT payments, review in light of statutes and audit paras, and recommending approval.</description>
      <category>Circulars</category>
      <law>VAT - Delhi</law>
      <pubDate>Wed, 10 Jun 2015 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/circulars?id=53522</guid>
    </item>
  </channel>
</rss>