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GST Refund wrongly claimed in 2019-20
One of my client had exported goods to Turkey. He has also collected IGST from the importer and received refund from GST as well. Now how to settle this issue?
Replies (2)
Pay the gst recovered from importer to the government via DRC 03. Do this only if such amount has been recovered disclosing it as gst.
Refund the amount to the importer as excess payment. As your shipping bill value would be say 10000 $ but you collected 11800 $.
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