Regulation 28 Payments in respect of credit
Subject to paragraph (5) below, where the total credit claimed by a registrable person in accordance with this Part exceeds the total of the tax due from the person for the accounting period, Revenue Scotland must pay to the person an amount equal to the excess.
Where Revenue Scotland has cancelled the registration of a person in accordance with section 19 of the Act, and the person is not a registrable person, the person must make any claim in respect of credit to which this Part applies by making an application in writing.
A person making an application under paragraph (2) above will give to Revenue Scotland full particulars in relation to the credit claimed, including (but not restricted to)—
the return in which the relevant tax was accounted for,
the amount of the tax and the date and manner of its payment,
the events by virtue of which the entitlement to credit arose.
Subject to paragraph (5) below, where Revenue Scotland is satisfied that a person who has made a claim in accordance with paragraphs (2) and (3) above is entitled to credit, and that the person has not previously had the benefit of that credit, it must pay to the person an amount equal to the credit.
Revenue Scotland will not be liable to make any payment under this regulation unless and until the person has made all of the returns they are obliged to make.