Prescribed mechanism for reimbursement/ refund

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..... the J K Goods and Service Tax Act, 2017, the Government in order to clear the liability of balance amount of advance entry tax paid in terms of Notification SRO-270 dated 01-09-2009 in respect of M/s. Reliance Jio Infocomm Ltd., Jammu, as on 07-07-2017, the Government of Jammu and Kashmir hereby prescribe the following mechanism for reimbursement/ refund : 1. The dealer shall apply bef .....

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..... he Jurisdictional Assessing Authority shall maintain a ledger for the said purpose and the order of refund/reimbursement shall be passed within 15 days of the receipt of application filed by the dealer. 5. The Government shall provide for the budget separately for the said purpose with the Department of Commercial Taxes. 6. No interest shall accrue on the delayed issue of refund .....

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..... rcial Taxes (Adm.) of the division within five days for payment by credit to the bank account of the dealer. 10. The Additional Commissioner, Commercial Taxes shall also keep a record of the amounts credited into the account of the dealer on monthly basis. By order of the Government of Jammu and Kashmir. (Sd.) NAVIN K. CHOUDHARY, IAS, Principal Secretary to .....

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