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GST paid and return filed with the wrong gst rate

619 views 4 replies
What are the remedies available where gst was paid at the rate of 12%, GSTR-1, 3B and 9 was filed with the same rate. Now in the next year assessee realised that the tax rate was 5%. Whether he is eligible to get the refund?
Replies (4)

If taxes are erroneously paid in excess in GSTR-3B, the same can be claimed as a refund (as per Section 54 of CGST Act) or be adjusted against tax payments of subsequent periods. But, the same cannot be claimed though GSTR-9. The refund needs to be claimed by making an application for the same on GST portal. 

You can make changes until you submit the GSTR-9. However, once submitted, you can not make any changes in GSTR-9.

 

It means no refund after filing GSTR-9.
You are unable to claim such refund as Govt said you have to deposit what you have collected.
NO A REVISED RETURN NEEDS TO BE FILED AND RECTIFIED


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