Rule 93 - Credit of the amount of rejected refund claim.
Section 93: Credit of Rejected Refund Claims
If there are any issues with a refund claim, as communicated under a specific rule (sub-rule (3) of rule 90), any amount that was initially debited from the electronic credit ledger will be credited back. Similarly, if a refund claim is rejected, either in full or partially, as per rule 92, the amount corresponding to the rejected portion will be credited back to the electronic credit ledger. This is done through an official order using FORM GST PMT-03. A refund is considered rejected if an appeal against the rejection is finally dismissed, or if the claimant decides not to appeal by providing a written statement to the appropriate officer. This process ensures that any amounts debited in anticipation of a refund are returned to the taxpayer's credit ledger if the refund is not approved.
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(2) 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.
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.
