GST paid Excess in outward taken as ITC in FY 2017-18

This query is : Resolved

Thirupathi Reddy (Querist)
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21 March 2023 During FY 17-18, we paid Excess outward Tax liability and we are not able to adjust in subsequent returns taken as ITC in 3B of Sep 2018. we have all the support and we have on the opinion that there was no loss to the revenue, except the procedural laps

Can anyone suggest how to overcome this situation..

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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24 March 2023 The proper course of action would have been to apply for refund. Since you have taken the same into ITC notice may trigger at some point by the department asking you to explain the difference between the ITC claimed as per returns and ITC appearing in 2A. It is doubtful that the authorities below would agree.

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GST paid Excess in outward taken as ITC in FY 2017-18

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