Erroneous GST refunds require repayment with interest and penalties; re-credited to Electronic Credit Ledger u/r 86(4B).
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....Return (re-payment) of erroneous refund with interest and penalty, if applicable - the same shall be re-credited to the Electronic Credit Ledger - New Sub-Rule (4B) - Rule 86 of the Central Goods and Services Tax Rules, 2017....
TaxTMI