The PMT-03 functionality available at present in the online refund module is only for re-crediting of the rejected amount that has been debited at the time of filing of refunds. In order to enable the operationalisation of re-crediting of ITC sanctioned as refund towards tax wrongly paid or paid in excess by debiting the credit ledger, a new enhanced PMT-03 functionality has been deployed in the system. This new functionality is applicable only to the following 4 types of refund as mentioned below :

i.Refund of excess payment of tax;

ii.Refund of tax paid on intra-State supply which is subsequently held to be inter State supply and vice versa;

iii. Refund on account of assessment/provisional assessment/appeal/any other order; and

iv.Refund on account of “any other” ground or reason.