https://www.taxtmi.com/article/detailed?id=11663 If a supplier issues a credit note for excess GST but has no output liability in the month to adjust it, the supplier may file a refund claim under the "Excess payment of tax" category using FORM GST RFD-01. Circular guidance requires declaration of credit notes and adjustment under section 34 where possible, but permits refund filings when no adjustment is feasible. Judicial authorities support the proposition that failure to claim a benefit initially does not preclude a later claim, and that mistaken payment of tax does not render the goods taxable. en-us Thu, 27 Jul 2023 09:11:41 +0530 Thu, 27 Jul 2023 09:11:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11663 If a supplier issues a credit note for excess GST but has no output liability in the month to adjust it, the supplier may file a refund claim under the "Excess payment of tax" category using FORM GST RFD-01. Circular guidance requires declaration of credit notes and adjustment under section 34 where possible, but permits refund filings when no adjustment is feasible. Judicial authorities support the proposition that failure to claim a benefit initially does not preclude a later claim, and that mistaken payment of tax does not render the goods taxable. Articles Goods and Services Tax - GST Thu, 27 Jul 2023 09:11:41 +0530 https://www.taxtmi.com/article/detailed?id=11663