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Issue ID : 119174
- 0 -

GST Refund - Reclaim of ITC of disallowed refund

Date 24 Jun 2024
Replies1 Answers
Views 450 Views
Asked By

Dear Experts,

We have filed the application for GST Refund [ Say Rs.10,00,000/-] of Unutilised ITC for supplies to SEZ without payment of GST. 90% of the refund amount [ Rs.9,00,000] was processed and disbursed immediately, but before releasing the balance 10% the refund, the Officer has found some discrepancy and finally approved the refund for Rs.7,50,000/- only and demanded the excess refund of Rs.1,50,000/- [ Rs.9,00,000 less Rs.7,50,000/-] with interest, which we have paid through DRC-03.

Now to reclaim the credit while submitting the undertaking for PMT-03, the system shows only balance 10% value of Rs.1,00,000/- in the portal as available for re-credit . Now how to claim the re-credit of rejected refund amount of Rs. 2,50,000/- Plesae advise.

Thanks.

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Replied on Jun 26, 2024
1.

Pls approach the officer who has rejected the refund and inform that only 1L is appearing in PMT-03. He is the person who generates this. He should be able to edit.

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