Hey there

Once you get a seat in the first round you have to pay the required amount to book your seat before the due date or else your seat will be rejected and you will be out of the counselling process. It better you accept the seat and go for the next round, there if you get a good college then the same amount will be transferred there.. Some colleges provide complete refund and some keep around 5-7%. If you don't get a seat then you dont have to pay any fees.