Para 3.23.4 — MSO (Audit)
Original Rule Text
3.23.4 The principal points to be examined in the audit of charges for refunds are that
(i) the refunds have been made under sufficient authority and are supported by duly receipted vouchers in proper form; and
(ii) these vouchers contain a certificate that the refund has been noted against the original credit in the departmental account as well as the signature of the Treasury or Sub-Treasury Officer in token of their having verified the original credit into the Treasury/Sub-Treasury made either individually or in lump sum.
- Calculation of net proceeds of certain taxes and duties
What This Means
When auditing revenue refunds, the auditor must check two main things: first, that the refund was made with proper authority and supported by a duly receipted voucher in correct form; and second, that the voucher contains a certificate confirming the refund has been noted against the original credit in the departmental account, along with the Treasury/Sub-Treasury Officer's signature confirming they verified the original deposit.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Refunds must be made under sufficient authority with properly receipted vouchers
- 2Vouchers must certify that the refund is noted against the original credit
- 3Treasury Officer must sign to confirm verification of the original credit
- 4Original credit may have been made individually or as part of a lump sum
- 5This prevents duplicate or fraudulent refund claims
Practical Example
A taxpayer overpaid Rs 25,000 in stamp duty and claims a refund. The auditor checks that the refund order was sanctioned by the competent authority, that the refund voucher bears the taxpayer's receipt, that the Treasury Officer has signed confirming the original Rs 25,000 was indeed deposited, and that the refund has been cross-referenced in the departmental revenue register to prevent a second refund claim.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
Why must the original credit be verified by the Treasury Officer?▼
What does 'noting against the original credit' mean?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.