It was observed that some dealers have claimed huge refund in annual returns filed by them. To safeguard interest of Revenue Audit is proposed where huge refundable excess Payment in annual returns is shown by dealer. Concerned Officer is also instructed to send copy of audit assessment along with the refund proposal to the Deputy Commissioner of Taxes if claim of Refund is more than Rs. 3 Lakhs.
Circular No. 8 /2016
GOVERNMENT OF ASSAM
OFFICE, OF THE COMMISSIONER OF TAXES
ASSAM, KAR BHAWAN
File No. CTS-81/2007/407
Dated : 17th September 2016
Sub : Audit assessment in respect of proposal for refund’
It is observed that some dealers show huge refundable excess Payment in annual returns filed by them. If audit assessments of such returns are not taken up promptly
the process of refund gets delayed which may subsequently create difficulties in processing
such refund Petition.
Therefore, all concerned officers are directed that on completion of a financial year and after submission of annual return, such officers shall verify such cases and if substantial refund is shown in the annual return, such cases may be referred for audit assessment. In this connection, the earlier Circular No. 19/2008 issued vide No. CTS-81/2007/742 dated 30.08.2008 may be referred to wherein direction was issued that before
processing refund application, case should be taken up for audit assessment and ascertain the genuineness of the claim and send copy of the audit assessment along with the refund proposal to the Deputy Commissioner of Taxes if the claim of refund is more than Rs. 3 lakh.
These instructions should be followed strictly.
( A.Goel,lAS )
Commissioner of Taxes, Assam,
( Circular No. 8/2016 )
Memo No. CTS-81/2007/407
Dated Dispur, the 17th September’ 2016.
Copy of Circular