Refund in gst paid through credit ledger

ITC / Input 590 views 10 replies
i have paid excess tax through Credit ledger in 2017. can i get refund?

{means paid through credit ledger 60k instead of 20k tax amount}
Replies (10)
Ya u can claim as refund
Can you elaborate your query ?
because you have already filed all the returns of 17-18
plus due date for claiming refund is of 2 years.
I have to pay around 20k gst, but i paid 60k from my credit ledger. i cliamed the excess payment of tax(if any) with spacified reason within the time limit i.e. 2 years. but they rejected the refund cliam with reason that no relevant documents are submitted . now i can't understand how to prove the excess payment. what are the supporting documents to submit there.

DONT WORRY YOU CAN CLAIM

No you cannot claim refund from credit ledger , kindly refer section 54 of CGST Act the condition prescribed for refund from credit ledger .

Note : Refund can be claim for any amount lying in your Cash Ledger.
Mr. rawat then what's ur opinion abt accumulated itc due to inverted tax structure?
Section 54 of CGST ACT..Read with rule 89..refund of unutilized ITC in case of inverted duty structure is allowed.
According if excess amount of tax paid, it's also refundable in same rule. now question is ... i paid the excess tax through credit ledger... if excess amount is debited from credit ledger , may i get refund? how could they refund it in my bank account?
Your refund claim will be scrutinize after uploading of relevant documents like purchase invoice sale invoice and all return ledger
Mr PC Sharma

As per Section 54 of CGST Act refund can be claimed on following conditions from Credit ledger :

Export of goods or services.
• Supplies to SEZs units and developers
• Deemed exports
• Refund of taxes on purchase made by UN or embassies etc.
• Refund arising on account of judgment, decree, order, or direction of the Appellate Authority, Appellate Tribunal, or any court.
• Refund of accumulated Input Tax Credit on account of inverted duty structure

And for your kind information , In term of Order 2/2018 GST for any rectification to be done pertaining FY 2017-18 , is 31/3/2019 .

So refund is impossible but now you can't even reclaim that credit .


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