Interest paid adjustment
This query is : Resolved
06 February 2024
Sir,
IGST Interest paid in Electronic cash ledger can be utilized for Interest on SGST and CGST?
IGST Interest paid in Electronic cash ledger can be utilized for Interest on SGST and CGST?
06 February 2024
It's can't be utilise directly. But, You can utilise after filing of PMT-09.
16 September 2025
GST portal rules state: “No inter-head adjustment is allowed for major heads” and “No minor head adjustment is allowed,” confirming that cross-utilization between IGST, CGST, and SGST for interest payments is strictly not permitted.
If excess IGST interest has been paid, it will remain in the electronic cash ledger as a balance under the IGST-interest minor head and can only be used for future IGST-interest payments—not for any CGST/SGST interest or other liability.
If excess IGST interest has been paid, it will remain in the electronic cash ledger as a balance under the IGST-interest minor head and can only be used for future IGST-interest payments—not for any CGST/SGST interest or other liability.
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