CBIC issues guidelines for post audit and refund claims under GST
PrintListen to this Article
0:00
0:00
The Central Board of Indirect Taxes & Customs (CBIC) has put out a procedure relating to sanction, post-audit and review of refund claims for taxpayers.
This is following several reports CBIC received about different practices being followed by the field formations, creating issues for taxpayers. The indirect tax body clarified that post-audit to be conducted only for refund claims amounting to Rs one lakh and above till further instructions, the CBIC said.
Also that while passing refund orders, officers are required to upload a detailed speaking order along with refund sanction order in the GST form. The matter has been examined with the twin purpose of ensuring uniformity in procedure and enabling effective monitoring of sanction of refund claims to safeguard interest of revenue, the board noted.
Category : GST | Comments : 0 | Hits : 580
In a significant judgment, the Bombay High Court has clarified that summons issued under the Central Goods and Services Tax (CGST) Act are meant strictly for inquiry and recording of statements, and c...
Please click on the link below to view the gross and net GST revenue collections for the month of Jan, 2026. https://tutorial.gst.gov.in/downloads/news/final_approved_monthly_gst_data_for_pub...
Jan 23rd, 2026 An advisory on reporting of taxable value and tax liability under RSP-based valuation in e-Invoice, e-Way Bill and GSTR-1 / GSTR-1A / IFF has been issued for the information ...
Comments