Sir, (1) Is wrongly deducted and deposited gst tds on making amendments in GSTR7 gets credit in cash ledger automatically ?
(2) can we move IGST cash Bal to cgst by PMT09 ?
Frah Saeed Answered question July 19, 2020
In terms of Sec 51(8) of the CGST Act, the refund to the deductor or deductee arising on account of excess or erroneous deduction shall be dealt in accordance to the provisions of Section 54 of the CGST Act.
The deductor needs to disclose the details of refund claimed from electronic cash ledger in table 7 of GSTR-7.
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Frah Saeed Answered question July 19, 2020