Just a moment...

Report
FeedbackReport
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

GST Refund - Reclaim of ITC of disallowed refund

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ST Refund - Reclaim of ITC of disallowed refund<br> Query (Issue) Started By: - Shri Sasikumar Dated:- 24-6-2024 Last Reply Date:- 26-6-2024 Goods and Services Tax - GST<br>Got 1 Reply<br>GST<br>Dear ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Experts, We have filed the application for GST Refund [ Say Rs.10,00,000/-] of Unutilised ITC for supplies to SEZ without payment of GST. 90% of the refund amount [ Rs.9,00,000] was processed and dis....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....bursed immediately, but before releasing the balance 10% the refund, the Officer has found some discrepancy and finally approved the refund for Rs.7,50,000/- only and demanded the excess refund of Rs.....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....1,50,000/- [ Rs.9,00,000 less Rs.7,50,000/-] with interest, which we have paid through DRC-03. Now to reclaim the credit while submitting the undertaking for PMT-03, the system shows only balance 10%....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... value of Rs.1,00,000/- in the portal as available for re-credit . Now how to claim the re-credit of rejected refund amount of Rs. 2,50,000/- Plesae advise. Thanks. Reply By Shilpi Jain: The Reply: ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Pls approach the officer who has rejected the refund and inform that only 1L is appearing in PMT-03. He is the person who generates this. He should be able to edit.<br> Discussion Forum - Knowledge S....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....haring ....