https://www.taxtmi.com/circulars?id=69227 Verification of ITC refund claims under the VAT system is required before refund is issued, and refund action must follow only after proper scrutiny of the relevant tax deposit and supporting records. The circular reiterates that officials should not delay verification and that both the assessing officer and the supervisory officer may be held responsible where revenue loss results from refund being granted without verification or proper examination. A special audit is ordered for specified refund files, along with revenue-protective action and proposals against erring officials within the prescribed timeline. en-us Mon, 21 Aug 2017 00:00:00 +0530 Tue, 21 Apr 2026 14:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=69227 Verification of ITC refund claims under the VAT system is required before refund is issued, and refund action must follow only after proper scrutiny of the relevant tax deposit and supporting records. The circular reiterates that officials should not delay verification and that both the assessing officer and the supervisory officer may be held responsible where revenue loss results from refund being granted without verification or proper examination. A special audit is ordered for specified refund files, along with revenue-protective action and proposals against erring officials within the prescribed timeline. Circulars GST - States Mon, 21 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=69227