IGST INPUT WRONGLY

Dear All
IGST Input Amount wrongly taken in CGST and SGST.
What we can further process.
Replies (3)
Quick Summary
This discussion addresses the issue of wrongly availed IGST input tax credit, where it was incorrectly applied to CGST and SGST. The recommended solution is to reverse the incorrect IGST claim in the following month's return. Subsequently, you can correctly claim the eligible CGST and SGST. Be aware that if the wrongly availed IGST was used to pay tax, an 18% per annum interest may apply.

Reverse wrongly availed igst itc in next month return & avail correct cgst & sgst .
U can reverse the same in next month
The IGST to be reversed and CGST + SGSt to be availed. if the IGST availed was utilized for payment of tax the interest would b appliable on the same at 18% p. a

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