https://www.taxtmi.com/forum/issue?id=119583 Rule 86B obliges payment of a prescribed cash component of outward tax through the electronic cash ledger; if such cash payment follows utilisation of ITC, the taxpayer cannot self recredit but may apply for refund under "excess payment" to restore ITC to the electronic credit ledger. Wrong availment or utilisation of ITC attracts interest at the statutory rate. Refund claims for recredit are subject to the refund limitation period, and there is dispute whether the relevant date for limitation is the payment date or the date of GSTR 3B filing. en-us Sat, 08 Feb 2025 18:04:25 +0530 Fri, 25 Apr 2025 12:40:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119583 Rule 86B obliges payment of a prescribed cash component of outward tax through the electronic cash ledger; if such cash payment follows utilisation of ITC, the taxpayer cannot self recredit but may apply for refund under "excess payment" to restore ITC to the electronic credit ledger. Wrong availment or utilisation of ITC attracts interest at the statutory rate. Refund claims for recredit are subject to the refund limitation period, and there is dispute whether the relevant date for limitation is the payment date or the date of GSTR 3B filing. Discussion-Forum GST Sat, 08 Feb 2025 18:04:25 +0530 https://www.taxtmi.com/forum/issue?id=119583