https://www.taxtmi.com/forum/issue?id=115811 Tax principals repaid for an excess GST refund via DRC-03 may be debited from either the Electronic Credit Ledger or the Electronic Cash Ledger, whereas interest and penalty amounts must be discharged from the Electronic Cash Ledger; where the excess refund was received in cash, repayment in cash is regarded as the appropriate method under the statutory repayment framework. en-us Thu, 26 Dec 2019 14:29:58 +0530 Thu, 23 Jan 2025 15:54:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115811 Tax principals repaid for an excess GST refund via DRC-03 may be debited from either the Electronic Credit Ledger or the Electronic Cash Ledger, whereas interest and penalty amounts must be discharged from the Electronic Cash Ledger; where the excess refund was received in cash, repayment in cash is regarded as the appropriate method under the statutory repayment framework. Discussion-Forum GST Thu, 26 Dec 2019 14:29:58 +0530 https://www.taxtmi.com/forum/issue?id=115811