We have choose QRMP scheme from Jan'21 to Mar'21. In this regard, we should pay Jan'21 Monthly GST payment so we create challan but wrongly choose any other payment option. Feb'21 paid correctly. and Mar'21 paid Any other payment option. can we offset Jan'21 Payment?
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GST payment to wrong head
Replies (1)
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No "Offsetting": There is no legal provision to "offset" or adjust tax paid under the wrong head against a correct liability directly in your return. You must either transfer the balance (via PMT-09) or pay the correct tax and claim a refund for the erroneous payment.
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Interest: If the error led to a short payment of your actual tax liability, you may be liable for interest on that shortfall from the original due date until the date the correct tax is actually paid.
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