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Chamber Research By The Judges Post Conclusion Of Hearing – Whether Justified?
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Packaged Tours and Place of Supply Provisions under GST
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Legal Considerations for Start-Ups – Are you overlooking some?
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ATR & AQMM – Audit Reports of Auditors!
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भारत पहले – 75 Year of Independence
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May 2011

Adjustment of Refund of F.Y 2010-11 to F.Y 2011-12 up to Rs.1 lakh — Trade Circular 6T of 2011, dated 15-4-2011.

By Tarun Ghia, Brijesh Cholera, Pratik Mehta, Hardik Shah Chartered Accountants

Reading Time 1 mins

By this Circular a dealer has been allowed to carry forward refund of F.Y 2010-11 to F.Y 2011-12 up to maximum of Rs.1 lakh. The dealer who has already filed the claim of refund can withdraw his claim by making application to the concerned refund audit officer and then he can adjust his refund claim against liability for the F.Y 2011-12.

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