Re-credit in electronic credit ledger allowed after deposit of erroneous refund; officer to issue Form GST PMT-03A upon verification. Re credit is available where a taxpayer deposits an erroneously sanctioned refund plus applicable interest and penalty via Form GST DRC 03 by debit to the electronic cash ledger; the taxpayer must state the reason in DRC 03 and submit a written request in the prescribed annexure. The proper officer, after verifying full payment, shall re credit an amount equivalent to the deposited erroneous refund to the electronic credit ledger by passing an order in Form GST PMT 03A, preferably within 30 days from request receipt or payment, whichever is later.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Re-credit in electronic credit ledger allowed after deposit of erroneous refund; officer to issue Form GST PMT-03A upon verification.
Re credit is available where a taxpayer deposits an erroneously sanctioned refund plus applicable interest and penalty via Form GST DRC 03 by debit to the electronic cash ledger; the taxpayer must state the reason in DRC 03 and submit a written request in the prescribed annexure. The proper officer, after verifying full payment, shall re credit an amount equivalent to the deposited erroneous refund to the electronic credit ledger by passing an order in Form GST PMT 03A, preferably within 30 days from request receipt or payment, whichever is later.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
