Excess charged and deposited

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Excess charged and deposited
Query (Issue) Started By: - arun Kumar Dated:- 26-3-2025 Last Reply Date:- 27-3-2025 Goods and Services Tax - GST
Got 3 Replies
GST
Dear Sir, we are a supplier to Railways; in 2022 we supplied materials to them but charged wrongly excess amount without giving the agreed discount amt. Now the bills are being processed for payment, but the customer his calc .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ulated as per the agreement, which is below our invoice value. We have deposited GST, but now customer is calculated GST at lesser amount. Accordingly, can we submit a revised invoice and claim back the excess GST deposited. with warm regards Arun Kumar Reply By Sadanand Bulbule: The Reply: In terms of Section 31(1)(a), revised invoice may be issued within one month against the invoice alread .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... y issued during the period beginning with the effective date of registration till the date of issue of Registration Certificate.  So in my opinion, you cannot issue a revised invoice. Reply By KASTURI SETHI: The Reply: After in agreement with Sh.Sadanand Bulbule, Sir I add as under :-            (i)  Also read Rule 53 (2) of CGST Rules and Board's Fl .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... yer No.13 dated 1.1.2018.             (ii) For filing refund claim,  you must  refund the amount to your buyer via Credit Note.             (iii) For claiming refund of tax paid in excess, see Section 54 (8) (c) & (e) of CGST Act.             (iv) Amount of tax paid in excess is just  a depo .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... sit with Govt. and NOT tax. So time bar limit  may not be applicable.             (v)  Do not hope to get refund claim without litigation. Reply By Shilpi Jain: The Reply: Refund is the option that you should explore.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X