VAEC7810 - Error correction for VAT returns: Processing: Priority order
Error correction notifications that may result in a repayment should be processed as quickly as possible subject to the normal verification procedures. This is to ensure that the person receives any repayment promptly.
»Ê¹ÚÌåÓýapp following priority order is suggested
- net over declarations
- net under declarations received without any remittances
- net under declarations, remittance received in DMB
- net under declarations, remittance received at the local office.
»Ê¹ÚÌåÓýappse priorities should be viewed in terms of the risk and value of the error correction. Time limits for processing notifications should be set by Senior Management.