Menu
GST paid and return filed with the wrong gst rate
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
Recent Threads
- ITR3 under new tax regime
- Please advice what itr to file for AY 2025-26
- Reporting Capital Gains of NRI in ITR
- Gratuity income as salary income on AIS portal. Is
- 80C deductions not being allowed in ITR2 for old r
- Unable to submit ITR 1 return
- Direct Tax(Income from Salary)
- Income from House Property or Business
- 44ADA Business code 14005
- How to rectify Form 67 that is already submitted
Related Threads
CAclubindia
