We offer comprehensive Insurance Services systems maintained by trained accounting.
Ask a Query
Client Login
| 49 : Refund adjustment order M.P. VAT RULES | |
|
49 : Refund adjustment order
(1) The Commercial Tax Officer or the Assistant Commissioner as the case may be, may issue a refund adjustment order in form 40 for the adjustment of the refundable amount towards the amount of tax payable according to the return or returns for any period following the date on which the refund is sanctioned.
(2) If the authority empowered to grant a refund is required under sub-section (4) of section 37 to apply the refundable amount or part thereof towards the recovery of tax, penalty, interest or any other amount or part thereof due under the Act or the repealed Act or the Central Sales Tax Act, 1956 (No. 74 of 1956) or under the Madhya Pradesh Sthaniya Kshetra Me Mal Ke Pravesh Par Kar Adhiniyam, 1976 (No. 52 of 1976) it shall issue a refund adjustment order in respect of such amount.
(3) The refund adjustment order shall be made out in triplicate, one copy shall be issued to the dealer, second copy marked at top as ‘for use in treasury only’ shall be sent to the Treasury Officer and the third copy shall be retained by the authority issuing such order.
|
|
Amit R Gupta
Our Services
Investment Services
We offer comprehensive Investment Services systems maintained by trained accoun.
Due Diligence and Advisory Ser
We offer comprehensive Due Diligence and Advisory Services systems maintained by traine.
Corporate Services
We offer comprehensive Corporate Services systems maintained by trained accounting.
AMITRGUPTA
What We Do
Tax Consulting
We offer comprehensive Tax Consulting systems maintained by trained accounting professionals. This local service coul...
Due Diligence
Investors, bankers and acquirers rely on Due Diligence as a standard of care during Mergers and ...
Taxation Services
We offer comprehensive Taxation Services systems maintained by trained accounting professionals. This local service could be...