Answer

1. F

   Facts

   When a refund of unutilised ITC is rejected, Rule 93 provides that the amount debited is re-credited to the electronic credit ledger through PMT-03, once the appeal period is over or you agree not to appeal.

2. P

   Provisions and law

   • Rule 93, CGST Rules 2017Re-credit of the ledger amount when a refund is rejected
   • Rule 92, CGST Rules 2017Final refund order RFD-06, adjustment RFD-07 and notice RFD-08
3. A

   Analysis

   If you claimed ₹3,00,000 and ₹50,000 was rejected, the rejected part can return to your ledger, where it can pay domestic tax or be claimed again with corrected documents if still in time. Choose between appeal and re-credit carefully; once you accept re-credit, appealing the same amount may not be possible.

4. C

   Conclusion

   1. 1Read the RFD-06 order for the rejected amount and reasons
   2. 2Decide whether to appeal or accept re-credit
   3. 3Follow up for PMT-03 if you accept
   4. 4Check the credit ledger for the re-credit entry

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.