I have erronously entered IGST figures in 3 months of FY 17-18 as IGST but never adjusted against any liability and in october , 18 i realised my mistake and reversed it. in sept, 18. Can anyone tell me if i am liable for interest . Which section to quote while replying to officer for demand of taxes and interest? any case law? its urgent please.
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IGST errornously entered in GSTR 3B
Replies (2)
If you have been not utilized the ITC there is no Interest. You may quote the recommendation of GST council in their 45th meeting.
You may go through the attachment and page no.6 2nd recommendation. Quote the same.
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