Hi Friends,
I have a query. My Client filed GSTR 3B for Nov'20 having sale Rs.100000 gross with Rs.9000 in cgst and sgst each. But later it was discovered that the sale was actually of IGST.
Now, With DRC-03, will he have to pay full igst of Rs.18000 with Interest
Or
He can adjust CGST of Rs.9000 with IGST and pay Rs.9000 balance as IGST (under the scheme of setting off/netting of itc) ( also we will add 3 months Intetest). If yes, then how ??
The Party has Correctly shown in their GSTR-1 Quarterly about the IGST Sale.
Secondly, will the party get full credit of ITC in their GSTR 2A if We use the scheme of setting off ITC.
CAclubindia
