banner_ad

VAT refund claims to be cross-checked maharsta sales tax com

Mahavat 1234 views 2 replies

VAT refund claims to be cross-checked - Sanjay Bhatia

 

The Maharashtra Sales Tax department is taking steps to apply more caution while disposing of VAT refund applications following discovery of a major refund scam involving officers of the department and traders in Palghar recently. Speaking at an event organised by the Indian Merchants Chamber, Mr Sanjay Bhatia, Sales Tax Commissioner, said, “We have now decided to make refunds only after cross-verification of all transactions related to VAT. In addition, we have started imposing deterrent punishment on officials indulging in swindling.”



Pending claims



He added that the 15,000 pending refund applications pertaining to 2008-09 would be cleared soon because of the successful computerisation of tax administration which had made cross-verification of the deals quite easy.



“We will finish the job of refunds pertaining to 2009-10 within a month. Applicants will get 90 per cent of the refund immediately and the remaining 10 per cent will be refunded after cross-checking,” Mr Bhatia assured the Chamber.



He added that the department would soon come up with an online “dealer information” system on its Web site, which would enable all VAT payers to look into the status of their accounts maintained by the tax department. Computerisation will remove all discretionary powers and if a case of corruption is spotted, remedial action will be swift and decisive, Mr Bhatia said.

 

 

 

https://www.blonnet.com/2010/11/22/stories/2010112251851300.htm

 

Replies (2)

thanks ............

WELCOME SIR...............................................


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 30 April 2026
Article Assistant

J SINGH & ASSOCIATES

Ahmedabad

CA Inter

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
28 April 2026
Senior Accounts Professional

Vivek S Gupta & Associates

New Delhi

B.Com

View Details
Company
03 May 2026
Senior Chartered Accountant

Nirmal Jain & Co

New Delhi

CA

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
ARTICLESHIP 02 May 2026
Accounts and Audit Assistant

Kothawade and Laddha

Thane

B.Com

View Details
Company
29 April 2026
Associate - Audit, Tax & Compliance

Open Co Consulting LLP

New Delhi

B.Com

View Details