Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Excess Payment via DRC-03

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Excess Payment via DRC-03
Query (Issue) Started By: - rohit kriplani Dated:- 13-2-2020 Last Reply Date:- 14-2-2020 Goods and Services Tax - GST
Got 2 Replies
GST
Respected all, We have m .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ade the payment via DRC-03 of one of our client, unfortunately even our client has paid the tax via DRC-03 Now there is excess tax payment and there is two ARN No. generated with same Tax Is there a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ny way to correct this, so that the same is either recredited into Credit ledger or get refund from tax department. Awaiting replies Reply By KASTURI SETHI: The Reply: Any tax paid in excess can be .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... got refunded from Govt. See Section 54 (8) (e) of CGST Act. In case you have paid through Electronic Credit Ledger, you will be allowed refund of tax via recredit into ECL and if paid in cash that wi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ll be transferred to you bank account. Apply online and submit docs to the jurisdictional Range Office. Reply By KASTURI SETHI: The Reply: Excess paid GST cannot be retained by the Department. It is .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... your amount.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates