settlement of tax paid in wrong head

187 views 2 replies
in case of tax paid in wrong head sm1 has to claim refund and pay? again in correct head or can he also take it in eligible ITC and pay again in correct head or he can only claim refund? plz clear that he has both option or not?
Replies (2)
Dear
If you have liability to deposit Tax CGST/SGST, & by mistake you have deposited Under IGST ,then you have option :

In any case you have you have deposit the tax again Under CGST/SGST , else wont be able to setoff of your tax liability.

For wrongly deposit IGST : Either apply for refund or Can be adjust against any future tax liability to be deposit under IGST
@ Mr. Saurabh Kumar.,

If You are deposited wrong head but You can't set off and the balance is under "Cash Ledger" then You can claim the amount...

In case the amount set off then No way for get refund. You just rectify the mistake and get "Input Value Only in Credit Ledger.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details