Import purchase wrongly shown in Purchase GST
This query is : Open
Quick Summary
08 November 2023
Dear Sir
By mistake in our last year few import invoices( basic amount before gst)shown under in purchase GST head and tax show under IGST. Now return file has been submitted so in future we will face any circumstances due to this reason. Please guide us.
By mistake in our last year few import invoices( basic amount before gst)shown under in purchase GST head and tax show under IGST. Now return file has been submitted so in future we will face any circumstances due to this reason. Please guide us.
CA R SEETHARAMAN
(Expert)
08 November 2023
Check any ITC on it's availed twice.
This can be corrected in the annual return.
This can be corrected in the annual return.
13 November 2023
Better to reverse the ITC and pay interest as applicable.
File annual return with corrected figures.
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