i want to know about the wrong credit of IGST
In year 18-19 I have taken the rebate of IGST as CGST AND SGST BY MISTAKE..
what should i do now to correct the mistake
my turnover is 1.5 cr
we do not go through GST AUDIT
PLEASE GIVE ME A SOLUTION
8 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 22 June 2020
Will it cost any internet or penalty...?
No... No more Interest and penalties for claim wrong heads.
So, No need to worry.
No... No more Interest and penalties for claim wrong heads.
So, No need to worry.
Technical PG
(60 Points)
Replied 22 June 2020
The credit i claimed is of 18-19....how to adjust or correct it
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 22 June 2020
Through filing of annual return...
But,
As per my view it's not a issue...
But,
As per my view it's not a issue...
PADMANABHAN K K
(CA)
(364 Points)
Replied 22 June 2020
There will be no penalty or interest.
Put the correct amount in annual return.
Put the correct amount in annual return.
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 23 June 2020
As per Section 77 no interest is applicable
Technical PG
(60 Points)
Replied 24 June 2020
My C.A is telling that it is not possible because the wrong credit is of 18-19....
what to do now?
what to do now?
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