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TMI BlogRefund of wrongly paid GST amountX X X X Extracts X X X X X X X X Extracts X X X X ..... Refund of wrongly paid GST amount X X X X Extracts X X X X X X X X Extracts X X X X ..... ling GSTR-9 and observed that we have disclosed and discharged excess tax amount by mistake through GSTR-1 and 3B, can we calm the excess amount as refund u/s 54? We have claimed excess ITC, the exce ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ss paid outward tax can be adjusted against the excess claimed ITC? Reply By SOWMYA CA: The Reply: Narender, In my view once you have filed annual return, there is no option to revise it. You canno ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t claim refund of tax already paid. Once you case is taken up for scrutiny, you can submit these as response to the letter from department and seek redressal. Reply By NARENDER YARRAGORLA: The Reply: ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Thank you madam for your reply. I have not yet filed GSTR-9 for the FY 2020-21 Reply By KASTURI SETHI: The Reply: Dear Querist, Answer to fist question is YES. Section 54 (8)(e) of CGST Act refer ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s. You can apply for refund within two years from the relevant date i.e. the date of excess payment. Answer to second question is NO. Reply By Shilpi Jain: The Reply: Agree with Kasturi sir. Also f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or the excess availed ITC, if the same is also utilised you would have to reverse it along with interestt X X X X Extracts X X X X X X X X Extracts X X X X
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