Fees, Penalty Refund claim limit

[Krishnamurthy V]

As per section 54(14), refund claim less than ₹ 1000 can not be claimed. Whether it is applicable for claiming refund of fees / penalty / Excess cash. Please advice.

AI Summary

Debate on Section 54(14) of CGST Act: Refund Claims Below 1,000 and Applicability to Fees, Penalties, Excess Cash A discussion on a forum addressed the applicability of Section 54(14) of the CGST Act, 2017, which restricts refund claims below 1,000. Participants debated whether this limit applies to refunds for fees, penalties, or excess cash. One participant clarified that the restriction is specific to refunds under subsections (5) and (6), suggesting other claims can be filed under Section 54(1) within two years. Another agreed, citing Section 54(8)(e) that allows refunds for amounts like fees or penalties, provided the tax incidence hasn't been passed on. The conversation highlighted varying interpretations and practical considerations.