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TMI BlogPrescribing manner of re-credit in electronic credit ledger using FORM GST PMT-03AX X X X Extracts X X X X X X X X Extracts X X X X ..... issued the above referred circular. For the uniformity, it has been decided that the said circular issued by the CBIC is being made applicable, mutatis mutandis , in implementation of the MGST Act, 2017. Copy of the referred CBIC circular is attached herewith. This Trade Circular is clarificatory in nature. Difficulty if any, in the implementation of this Circular may be brought to the notice of the office of the Commissioner of State Tax, Maharashtra. Yours faithfully, (RAJEEV KUMAR MITAL) Commissioner of State Tax, Maharashtra State, Mumbai Circular No. 174/06/2022-GST F. No. CBIC-20001/2/2022-GST Government of India Ministry of Finance ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rvices Tax Act, 2017 (hereinafter referred to as CGST Act ), hereby clarifies the following: 3. Categories of refunds where re-credit can be done using FORM GST PMT-03 A : 3.1 Reference is invited to sub-rule (4B) of rule 86 of the CGST Rules , which is reproduced as under: (4B) Where a registered person deposits the amount of erroneous refund sanctioned to him a. under sub-section (3) of section 54 of the Act, or b. under sub-rule (3) of rule 96 , in contravention of sub-rule (10) of rule 96 , along with interest and penalty, wherever applicable, through FORM GST DRC-03 , in cash, on his own or on being pointed out, an amount equivalent to the amount of erroneous refund depo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... andling such cases is developed on the portal, the taxpayer shall make a written request, in format enclosed as Annexure-A , to jurisdictional proper officer to re-credit the amount equivalent to the amount of refund thus paid back through FORM GST DRC-03 , to electronic credit ledger. 4.3 The proper officer, on being satisfied that the full amount of erroneous refund along with applicable interest, as per the provisions of section 50 of the CGST Act , and penalty, wherever applicable, has been paid by the said registered person in FORM GST DRC-03 by way of debit in electronic cash ledger, he shall re-credit an amount in electronic credit ledger, equivalent to the amount of erroneous refund so deposited by the registered p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (a) In case of refund of IGST, obtained in contravention of sub-rule (10) of rule 96 of the CGST Rules, 2017 : 1. Shipping Bill/ Bill of Export No. Date ____________ 2. Amount of IGST paid on export of goods __________ 3. Details of Exemption/Concessional Rate Notification used for procuring inputs __________ 4. Amount of refund sanctioned ___________ 5. Date of credit of refund in Bank Account ________ (b) In other cases of refund: 1. Category of refund relevant period of refund__________ 2. GST RFD-01/01A ARN Date _________ 3. GST RFD-06 Order No. Date ________ 4. Amount of refund claimed __________ 5. Amount of refund sanctioned __________ ..... X X X X Extracts X X X X X X X X Extracts X X X X
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