Article 130 - Error or Mistake

(1) If a QFC Entity that has paid tax under an assessment (whether a self-assessment or otherwise) asserts that the assessment was excessive by reason of some error or mistake in a return, it may make an application in writing to the Tax Department for relief, not more than 6 years after the end of the Accounting Period to which the return relates.
(2) On receiving an application under Article 130(1) the Tax Department shall enquire into the matter and give such relief, by way of repayment, in respect of the error or mistake as is just and reasonable.
(3) A QFC Entity may appeal against the Tax Department's decision under Article 130(2).
Amended (as from 18th June 2014)