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ITC claimed under wrong head

Vibha Palekar (CA Job) (43 Points)

03 April 2020

In FY 2018-19, a person has wrongly claimed CGST and SGST of Rs. 30,000 each instead of claiming IGST of Rs. 60,000. No correction made in subsequent returns upto September 2019. However, the net tax payable after such ITC availment is paid under the correct head. Is there any way to correct this mistake in GSTR-9? Will the IGST lapse?

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5 Replies

RAJA P M ("Do the Right Thing...!!!") (127162 Points)
Replied 03 April 2020

Show the actual Input Credit in GSTR 9 return...

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 04 April 2020

Dear
Any changes made in GSTR 9 do not get effect to our electronic credit ledger . So ,even if You correct the same in GSTr 9 , it's not going get changed on ECL.

Sneha Latha (Paid Assistant) (89 Points)
Replied 04 April 2020

The ITC will get lapsed. But show the correct values in GSTR-9

Vibha Palekar (CA Job) (43 Points)
Replied 04 April 2020

If he shows correct values in GSTR-9, will he have to pay the GST with DRC-03?

Vibha Palekar (CA Job) (43 Points)
Replied 04 April 2020

Can it be said that it is a revenue neutral situation as claiming CGST & SGST instead of IGST did not cause any revenue loss to the department? Since such IGST input would have anyways been used to pay CGST and SGST. And the net amount paid after such ITC availment is paid under correct head.