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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Quick Summary
This discussion addresses a common GST error where RCM IGST was paid instead of the correct RCM CGST and SGST. It clarifies that if you've filed returns with this incorrect payment, the excess RCM IGST paid cannot be adjusted against future RCM CGST/SGST liabilities. The only recourse is to apply for a refund of the wrongly paid IGST and pay the correct RCM CGST and SGST in the subsequent month's return.