The refund application RFD 01A filed in 2018-19, but some of the amount has been rejected by the department.
Against the said rejected. RFD 01B were issued by the department and due to technical glitches, PMT03 could Not be issued.
Now the taxpayer has applied RFD 01 in any other category, to re credit through pmt-03,which was due in 2018-19
However, the department has re credited the same in in 2021, But, review is of the opinion the the said refund is time bar.
Kindly eleborate, weather the said ITC amout re credit through PMT 03 is right, or otherwise.
Menu
Refund application for re credit of ITC through PMT-03
Replies (2)
Quick Summary
Re credit is right and valid.
In term of Rule 86, R/w circular 125/44/2019 GST , The PMT 03 is an order being issue by Officer for Re-credit of Refund rejected & it is done only when officer on receipt of Undertaking from Tax Payer .
So it's correct & if you have any such undertaking proofing that the it was being given in 2018-19 but due to technical glitches the PMT 03 was not issued then Appeal can be file .
So it's correct & if you have any such undertaking proofing that the it was being given in 2018-19 but due to technical glitches the PMT 03 was not issued then Appeal can be file .
Recent Topics :
- DRC-03 interest paid under CGST/SGST instead of IG
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
- Clarifications for intra day transactions
Related Topics :
CAclubindia
