<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>DRC-3 against wrong notice and acknowledged by GST dept</title>
    <link>https://www.taxtmi.com/forum/issue?id=119597</link>
    <description>Tax deposited by a taxpayer via DRC-03 for an erroneously issued financial year must be treated separately from adjudication for another year. Relief is available either through a refund procedure where the tax was not passed on and the deposit has not been adjusted, or through administrative reallocation using DRC-03A to adjust the acknowledged deposit against the actual year&#039;s demand, subject to the deposit remaining unutilised.</description>
    <language>en-us</language>
    <pubDate>Thu, 13 Feb 2025 16:43:56 +0530</pubDate>
    <lastBuildDate>Tue, 22 Apr 2025 16:56:40 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=797531" rel="self" type="application/rss+xml"/>
    <item>
      <title>DRC-3 against wrong notice and acknowledged by GST dept</title>
      <link>https://www.taxtmi.com/forum/issue?id=119597</link>
      <description>Tax deposited by a taxpayer via DRC-03 for an erroneously issued financial year must be treated separately from adjudication for another year. Relief is available either through a refund procedure where the tax was not passed on and the deposit has not been adjusted, or through administrative reallocation using DRC-03A to adjust the acknowledged deposit against the actual year&#039;s demand, subject to the deposit remaining unutilised.</description>
      <category>Discussion-Forum</category>
      <law>GST</law>
      <pubDate>Thu, 13 Feb 2025 16:43:56 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/forum/issue?id=119597</guid>
    </item>
  </channel>
</rss>