Wrong Payment of tax

[vaibhav agrawal]

During search and sezuire the concerned officer had determined a liability which was paid by the taxpayer through DRC-03. Later we got to know that there was an arithmetical error in the calculation done by the officer. What is the remedy as DRC-03 can't be amended. Excess tax paid will be refunded ?

AI Summary

Taxpayer Discovers Excess GST Payment During Search, Seeks Refund Under Section 54(1) with Supporting Documentation A taxpayer discovered an arithmetical error in tax liability during a search and seizure operation, resulting in excess payment through DRC-03 form. The recommended remedy is filing a refund application under Section 54(1) of the GST Act within two years, supported by payment evidence, computation details, and a declaration that the tax incidence was not passed on to another party. Refund is permissible subject to statutory conditions.