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Expeditious processing of refund claims filed under Notification No.27/2012-CE(NT), dated 17th June, 2012 - Service Tax - TRADE NOTICE No. 01/2016 (Service Tax)Extract OFFICE OF THE COMMISSIONER OF CENTRAL EXCISE AND CUSTOMS SERVICE TAX, HYDERABAD IV COMMISSIONERATE POSNETT BHAVAN: RAM KOTI: HYDERABAD 500 001 C.N0. V/08/03/2016 - Tech DATE: 10.08.2016 TRADE NOTICE No. 01/2016 (Service Tax) Subject: Expeditious processing of refund claims filed under Notification No.27/2012-CE(NT), dated 17th June, 2012- Reg. Attention of the Trade is invited that in order to streamline the process of disposal of .refund claims in an expeditious and efficient manner, certain comprehensive guidelines have been given to the officers handling the above refund claims. 2. While submitting the claim, it must be ensured that the claim is complete in all respects and all the required documents have been enclosed with the claim. A check list given at Annexure-A to this Trade Notice is prescribed to verify completeness of the claim at the time of receiving the claim itself. In case of any deficiency, the claimant would be advised to rectify the same and re-submit. 3. As per Rule 9(6) of the CCR, the assessee shall maintain proper records for the receipt and consumption of the input services in which relevant information regarding the value, tax paid, CENVAT credit taken and utilized, the person from whom the input services have been procured is recorded. At the time of filing the refund claim, the assesses are submitting CENVAT credit ledger or a statement giving details of CENVAT credit documents on which they have taken CENVAT credit. From the said ledger or statement, the information like supplier of the service (vendor), name of the service, value and service tax amount are available. 4. With a view to expeditious disposal of refund claims, the following guidelines are being laid down: i) All assesses to submit a soft copy of the Cenvat Credit statement at the time of filing the refund claim in the format prescribed below. S. No. Original Sl. No as per CCR Vendor Name' Classification of service Invoice number Invoice date ST Regn Number Invoice amount Cenvat Credit involved Date of payment to Service provider, as evident from Bank Statement No of days between invoice date and date of payment Remarks ii) Invoices shall be presented for verification when the assessee is specifically called for the same (Invoices shall not be submitted at the time of filing of claim). 5. While examining the correctness of refund claim, the Assistant/Deputy Commissioner shall also look into the eligibility of CENVAT credit taken in respect of input services received by the applicant as per Rule 2(1) of the CENVAT Credit Rules, 2004. (A.R.S.KUMAR) COMMISSIONER
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