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Gst amount mistakenly paid as penalty

205 views 3 replies

khushboo garg

Semi Qualified

84 Points Joined March 2011

Dear All

I have mistekenly paid the GST amount of Rs. 120000 in the penalty column n submitted the application.

Do I need to apply for refund or the amount wil get adjusted against my GST liability?

or Do i need to pay GST again n apply for refund amount separately?

Also what is the procedure to apply for refund?

PLease help...Little urgent

Thanks

Replies (3)

Govind

article assitant

55 Points Joined September 2016

This penalty will be adjusted in future ...But right now you have make payment

khushboo garg

Semi Qualified

84 Points Joined March 2011

penalty be adjusted against what?

DOnt i need to apply for refund?

Govind

article assitant

55 Points Joined September 2016

basically refund is possible only in two cases as per laws
1. in case of export
2. in case of higher GST rate of output than input
so there is no other refund procedure as prescribed in law
So please send a mail to helpdesk regarding this or you may avail credit of this penalty in future if u will be liable to pay penalty.