Guidelines issued by Central Board of Indirect Taxes and Customs for Post Audit and Refund Claims

Sakshi Jain
Sakshi Jain at June 20, 2022
Guidelines issued by Central Board of Indirect Taxes and Customs for Post Audit and Refund Claims

The Central Board of Indirect Taxes and Customs has recently released procedural guidelines related to sanction, post-audit and review of refund claims for taxpayers. These guidelines are systematic in nature and are issued after witnessing and receiving complaints from several taxpayers regarding the different practices being followed by the field formations.

About the Guidelines issued by the Central Board of Indirect Taxes and Customs

The Central Board of Indirect Taxes and Customs has now clarified that post-audit will only be conducted for refund claims amounting to one lakhs rs and above. These guidelines are valid till further instructions are issued by the Central Board of Indirect Taxes and Customs.

Officers are also instructed that while passing the refund orders for the taxpayers, they are required to upload a detailed speaking order along with the refund sanction order in the Goods and Services Tax form. 

Need for Issuing Guidelines for Post Audit and Refund Claims under Goods and Service Tax by Central Board of Indirect Taxes and Customs

These guidelines concerning post-audit and refund claims under GST have been issued by the Central Board of Indirect Taxes and Customs to ensure the uniformity and evenness in the procedure for field formations so that the taxpayers do not need to follow different procedures and instructions.

These guidelines also serve the dual purpose, First to ensure uniformity and secondly to monitor the sanction of refund claims to safeguard the interest of revenue.

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