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Refund rejected

A B (22 Points)

19 May 2021

Refund rejected , I am required to submit a undertaking as per rule 93(2) on a stamp paper to the judicial office to get the refund credited back into the cash ledger. Does anyone know the format for this declaration ?

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9 Replies

CA. Sourav Sarkar (Chartered Accountant ) (24583 Points)
Replied 19 May 2021

Where any amount claimed as refund is rejected under rule 92, either fully or partly, the amount debited, to the extent of rejection, shall be re-credited to the electronic credit ledger by an order made in FORM GST PMT-03.

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CA Altamush Zafar (GST Consultant) (15976 Points)
Replied 19 May 2021

It has to be automatically re-credited by the officer

A B (22 Points)
Replied 19 May 2021

No even I thought the same, the rule goes like this -

Explanation.– For the purposes of this rule, a refund shall be deemed to be rejected, if the appeal is finally rejected or if the claimant gives an undertaking in writing to the proper officer that he shall not file an appeal.

The officer won't issue PMT-03 until the declaration is submitted.

SO WHAT'S THE DECLARATION FORMAT ??

Mujeeb Doi (309 Points)
Replied 20 May 2021

I think the declaration if no appeal has been filed but if appeal is filed and rejected then there is no need of such declaration

A B (22 Points)
Replied 20 May 2021

No for deemed to be rejected one has to either file an appeal and get rejected or give in writing to not to appeal the judgement given by the ACCT then and only he'll pass PMT-03. Not even the dept know the format they keep saying check the rule book for the format.

Does anybody know the format for this undertaking ?

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deykan@gmail.com (deykan@gmail.com) (34 Points)
Replied 22 September 2021

Dear All,

If anyone have undertaking letter format for reversal of amount thru PMT 03, please share the same..

A B (22 Points)
Replied 22 September 2021

No format required, recently they have implemented it in the portal. u can submit it online itself.

deykan@gmail.com (deykan@gmail.com) (34 Points)
Replied 22 September 2021

thanks for the reply, but we have received call from officer, and he said that we have to send a request letter mentioning that we shall not go for any appeal against that short refund. after that they will reverse the amount thru RFD 03. therefore, asked for any format of application letter..

A B (22 Points)
Replied 22 September 2021

It is available in the portal.Go to the tracking of refund application right there in the box they a have put up a option to do it online. For further details check Advisory no 8/2021dated 20/4/2021 on recredit of refund rejected, issued by the dept.