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Igst claim
I wrongly put igst of Rs.76000in my 3B return .sincerely I have not any igst claim .I am not eligible for igst Clement.
Replies (5)
Hi sir if don't have any igst itc just reverse those itc in succeeding month with interest
if u avail itc but not claim in the return then no interest
but if u avail and claim itc then u have pay to interest
if u avail itc but not claim in the return then no interest
but if u avail and claim itc then u have pay to interest
For which month 3B
No interest liability in case of reversal of ITC wrongly availed and not utilized. merely reverse the wrongly availed ITC if your igst credit is not yet utilised.
If further information required please contact me
The wrongly availed iTC can be reversed in the GSTR-3b of subsequent month. The interest would not be available if the same is not utilized for the payment of taxes. if the amount is utilised the interest would be applicable .
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