Answer

1. F

   Facts

   Excess payments can be claimed as a refund through RFD-01, subject to the time limit. Keep the DRC-03 and the working that shows the excess.

2. P

   Provisions and law

   • Rule 142(2) and (3), CGST Rules 2017Payment before or after a notice is intimated in DRC-03; the officer acknowledges it in DRC-04
   • Sec 54, CGST Act 2017Refund of tax and other amounts within two years of the relevant date
3. A

   Analysis

   Sec 54 allows refund of excess tax paid. The portal has refund categories for excess payment and others; check which applies to a DRC-03 payment. Example: you paid ₹50,000 in DRC-03 but the correct tax was ₹35,000; claim ₹15,000. If a demand is expected soon, you could instead adjust the DRC-03 later through DRC-03A if it was under Voluntary or Others.

4. C

   Conclusion

   1. 1Confirm the excess with a working.
   2. 2Decide between refund and later adjustment.
   3. 3File RFD-01 under the right category if claiming refund.
   4. 4Attach the DRC-03 and working.

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