GST Refund - Reclaim of ITC of disallowed refund

[Shri Sasikumar]

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.

AI Summary

User seeks help reclaiming ITC after GST refund disallowance for SEZ supplies; advised to consult refund officer for adjustments. A user sought advice on reclaiming Input Tax Credit (ITC) after a partial disallowance of a GST refund for supplies to a Special Economic Zone (SEZ). Initially, 90% of the refund was disbursed, but after identifying discrepancies, the final approved refund was reduced, resulting in a repayment demand. The user paid the excess amount with interest but faced issues reclaiming the full rejected refund amount. An expert advised contacting the officer responsible for the refund, as they can adjust the system to reflect the correct re-credit amount in the PMT-03 portal.