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Refund Eligible or not

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Aparna

accountant

148 Points Posted on 10 June 2021

Sir,

I am register in Gujarat .I had done sales in FY 19-20 in state of Maharashtra. In FY 20-21 I have issue credit note against FY 19-20 bill.

In FY 20-21 there is Less sales of IGST. when I show Credit not is GSTR -3B portal not accept negative value.

can I claim refund for the extra TAX paid ? if yes than under which section its eligible?

How to solve this transaction because in GSTR -3B portal not accept negative figure.

kindly Guide

Replies (5)

Quick Summary

This discussion addresses a common GST query regarding claiming refunds for excess tax paid due to credit notes issued in a subsequent financial year. The user, registered in Gujarat with sales in Maharashtra, issued a credit note for FY 19-20 sales in FY 20-21, leading to a negative value issue in GSTR-3B. The consensus is that a refund for excess tax paid is indeed claimable under the law, as no government can collect more tax than authorised. Alternatively, the excess tax can be adjusted against future sales in subsequent months.