Tag Archives: Refund

Refund in GST- Goods and Service Tax

REFUND IN GST Sponsored Book BUY Refund of tax and interest under GST Any person claiming refund of any tax and interest, if any, paid on such tax or any other amount paid by him, may make an application in that regard to the proper officer of IGST/CGST/SGST before the expiry of two years from… Read More »

Refund of brought forward CENVAT Credit in case of 100% exporter of services,

Held Since in the present case, 100% services are exported therefore total turnover and exports turnover will come to the same amount and accordingly entire Cenvat credit availed by the appellant irrespective of any period shall become refundable, CESTAT, MUMBAI BENCH Q Logic India (P.) Ltd. v. Commissioner of Service Tax, Pune RAMESH NAIR, JUDICIAL… Read More »

Speedy disposal of all refund claims under Delhi Vat

DEPARTMENT OF TRADE & TAXES GOVT. OF NATIONAL CAPITAL TERRITORY OF DELHI, (Policy Branch) VYAPAR 1311AWAN,I.P.ESTATE, NEW DELHI —110 002. No.F.3(378)/Policy/VAT/2016/489-494 Dated  21.07.2016 Order Sub: Speedy disposal of all refund claims. Whereas Refunds are required to be processed strictly in accordance with the provisions as laid down u/s 38 of DVAT Act and Rule 34… Read More »

100% provisional refund under Gujarat VAT upto Rs 1 Lakh

NOTIFICATION  Finance Department Sachivalaya, Gandhinager. Dated the 25th May, 2016 No. (GHN-34) VAR-2016(38)/TH – WHEREAS the Government of Gujarat is satisfied that circumstances exist which render it necessary to take immediate action to make rules and to dispense with the previous publication thereof under the proviso to sub-section (4) of section 98 of the Gujarat… Read More »

Interest Payable on Refund adjusted against demand :SC

SUPREME COURT OF INDIA Commissioner of Income-tax, Delhi-II v. Jyotsna Holdings (P.) Ltd. A.K. SIKRI AND ROHINTON FALI NARIMAN, JJ. CIVIL APPEAL NO (S). 1774 OF 2006 MARCH  8, 2016 Ms. Liz. Methew, Ashok Kr. Panigria and B.V. Balaram Das, Advs. for the Appellant. Ajay Vora, Sr. Adv., Ms. Kavita Jha, Bhargava V. Desai, Ms.… Read More »

Refund of service tax paid on terminal handling charges by Exporters allowed

Jain Irrigation Systems Ltd. v. Commissioner of Central Excise, Mumbai M.V. RAVINDRAN, JUDICIAL MEMBER ORDER NOS. M/4872/2015/SMB AND A/3580-3581/2015/SMB APPLICATION NO. ST/MA(ORS.)/94578/2015 APPEAL NOS. ST/89895 AND 89901/2014 OCTOBER  28, 2015 Aqueel Sheeraji, Adv. for the Appellant. A.B. Kulgod, Asstt. Commr. (AR) for the Respondent. ORDER 1. These two appeals filed by the appellant are against… Read More »

Taxes paid twice can be claimed as refund

Facts of the case The petitioner company cleared its final product during the period between June, 2002 and September, 2002 on payment of excise duties totalling to Rs. 91,129/-. The petitioners due to a pure clerical error, paid the same amount of duty on same clearances all over again by debiting the amount in the… Read More »

Expeditious issue of Income Tax Refund below 50000

F.No No.312/109/2015-0T Government of India Ministry of Finance Central Board of Direct Taxes (CBDT) New Delhi, Dated: 2nd December, 2015 Sir/ Madam, Sub: Expeditious issue of refunds below Rs.50,000/- in Non-CASS cases for AYs 201.3-1.4 and 2014-15 I am directed to say that as on 01,11.2015, there were 2,07 lakh returns involving refund claims of… Read More »

80% refund to exporter within 5 working days

F. No.296/07/2015-CX.9 Govt. of India Ministry of Finance Department of Revenue (Central Board of Excise and Customs) New Delhi, the 10 th November, 2015 PRESS RELEASE Exporters of services today accumulate CENVAT credit on both input services and input goods as they are unable to set-off their input levies. Speedy grant of refund of accumulated… Read More »

Time limit to file refund claim

Q: Whether Time limit to file refund claim is applicable to refund of tax paid at insistence of department ? Where tax has been paid at insistence of department without any adjudication/assessment order, refund of said tax would not be governed by time-limit of section 11B CESTAT, MUMBAI BENCH C.K.P. Mandal v. Commissioner of Service Tax,… Read More »