RCM IGST is paid instead of RCM CGST and RCM SGST and returns are filed.
Can excess RCM IGST paid be adjusted in subsequent month, if there is any RCM IGST to be paid in next month or only refund is the option.
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Paid RCM IGST instead of RCM CGST and RCM SGST
Replies (3)
Only refund is the option. Refer sec77 and sec 54( wrong payment of tax)
Pay the RCM of CGST and SGST in the next month Return and apply for Refund of IGST paid. No Interest will be levied...
Thank you sirs.
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