banner_ad

IGST Credit

322 views 8 replies
User Avatar

60 Points Posted on 22 June 2020
i want to know about the wrong credit of IGST
In year 18-19 I have taken the rebate of IGST as CGST AND SGST BY MISTAKE..
what should i do now to correct the mistake
my turnover is 1.5 cr
we do not go through GST AUDIT
PLEASE GIVE ME A SOLUTION
Reply Share Follow
On 22 June 2020 at 15:06 Report
Replies (8)
User Avatar

CA
364 Points Posted on 22 June 2020
Correct the same in gstr 9
1 Reply
On 22 June 2020 at 15:22
User Avatar

60 Points Posted on 22 June 2020
Will it cost any internet or penalty
Reply
On 22 June 2020 at 15:23
User Avatar

"Do the Right Thing...!!!"
128147 Points Posted on 22 June 2020
Will it cost any internet or penalty...?

No... No more Interest and penalties for claim wrong heads.
So, No need to worry.
463 Reply
On 22 June 2020 at 15:52
User Avatar

60 Points Posted on 22 June 2020
The credit i claimed is of 18-19....how to adjust or correct it
Reply
On 22 June 2020 at 15:57
User Avatar

"Do the Right Thing...!!!"
128147 Points Posted on 22 June 2020
Through filing of annual return...

But,
As per my view it's not a issue...
463 Reply
On 22 June 2020 at 16:06
User Avatar

CA
364 Points Posted on 22 June 2020
There will be no penalty or interest.
Put the correct amount in annual return.
1 Reply
On 22 June 2020 at 16:53
User Avatar

GST Practitioner
55067 Points Posted on 23 June 2020
As per Section 77 no interest is applicable
301 Reply
On 23 June 2020 at 00:57
User Avatar

60 Points Posted on 24 June 2020
My C.A is telling that it is not possible because the wrong credit is of 18-19....
what to do now?
Reply
On 24 June 2020 at 09:52


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details