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GSTR 7 QUERY TDS
Any excess or erroneous amount deducted and paid to the government account shall be dealt for refund under section 54 of the CGST Act, 2017. However, if the deducted amount is already credited to the electronic cash ledger of the supplier, the same shall not be refunded. under which head can apply for this refund?
Replies (1)
Summary: If the excess TDS has not been credited to the supplier's electronic cash ledger, the deductor can file for a refund via Form GST RFD-01 under Section 54. If it has already been credited to the supplier, the deductee (supplier) must initiate the refund claim for that excess balance in their own ledger.
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