How to Claim Refund
Sharukh Shaikh (114 Points)
21 October 2017
I have done payment under GST but by mistake amount deposit in IGST Cash Ledger then how to claim refund????
21 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86500 Points)
Replied 21 October 2017
Refund option not yet available.
Will claim only when option started
Will claim only when option started
CA Altamush Zafar
(GST Consultant)
(15986 Points)
Replied 21 October 2017
Take refund on filing gstr 3
g mahesh Mundra
(Business and tax consultant)
(3299 Points)
Replied 21 October 2017
one of my client didn't fill input ITC and she submitted form 3,b with out put GST now the liability ledger showing more amount near about 3lakhs she don't have a money to clear liabilities for September what is the remedy
CA Altamush Zafar
(GST Consultant)
(15986 Points)
Replied 22 October 2017
No remedy as of now but to make the payment.
g mahesh Mundra
(Business and tax consultant)
(3299 Points)
Replied 22 October 2017
It's a very huge amount for her
CA Altamush Zafar
(GST Consultant)
(15986 Points)
Replied 22 October 2017
But she would have collected the same from customers
g mahesh Mundra
(Business and tax consultant)
(3299 Points)
Replied 22 October 2017
Yes sure sir but she also paid for her purchases in the same month
CA Altamush Zafar
(GST Consultant)
(15986 Points)
Replied 22 October 2017
Two things have to be done very carefully till the time the portal is still under construction.... check return before submission....check challan before payment.
Law does not provide remedy in problems related to technology and system. Even if it seems unfair she can't really help it.
Law does not provide remedy in problems related to technology and system. Even if it seems unfair she can't really help it.
g mahesh Mundra
(Business and tax consultant)
(3299 Points)
Replied 22 October 2017
So there are number of business people loosing their money because of eradicated GST portal
CA Altamush Zafar
(GST Consultant)
(15986 Points)
Replied 22 October 2017
And this will continue for 3-4 months at the least.
Moreover this is just the beginning, Filing is just a procedural issue.
GST law in itself have lot of flaws and its effects will be witnessed in a year or two.
Moreover this is just the beginning, Filing is just a procedural issue.
GST law in itself have lot of flaws and its effects will be witnessed in a year or two.
g mahesh Mundra
(Business and tax consultant)
(3299 Points)
Replied 22 October 2017
Upto that all business man will wind up
CA Altamush Zafar
(GST Consultant)
(15986 Points)
Replied 22 October 2017
Its a serious situation. In my opinion a provision for revision should be there after submission but before filing. But at this point opinions won't make any difference.
Recent Topics
- TDS RETURN REJECTED with Reason Line no 2 –
- Issue in e_filing of IT return
- New India Coop Bank Frozen Account
- GST Registration for export of services under sec2
- Exemption Available or not under new tax regime
- Loss on F & O
- FCNR DEPOSIT INTEREST EARNED REPORTING IN ITR2
- Rectification of tDS
- Interest from SCSS in ITR
- Missed paying advance tax
Related Threads
Trending Online Classes
CAclubindia
