TaxTMI 
TaxTMI 
IGST Input during financial year 17-18 claimed wrongly under head cgst and sgst
No rectification done in 18-19
How to file in GSTR-9
ITC wrong head claimed
17 Jun 2019 
2 Replies 
4503 Views Asked by
Wrongly claimed input tax credit requires cash payment of differential tax via prescribed challan and limits ITC relief.
Incorrect classification of IGST as CGST and SGST causes GSTR reconciliation mismatches; the differential tax must be paid in cash via DRC-03 and ITC will not be available against that challan. A refund claim for the wrongly allocated CGST and SGST may be pursued. Cash payment is mandatory under the applicable notification, and no interest will be charged for ITC availed under the wrong heads; taxpayers were advised to await GST Council guidance before finalising the annual return. (AI Summary)
Incorrect classification of IGST as CGST and SGST causes GSTR reconciliation mismatches; the differential tax must be paid in cash via DRC-03 and ITC will not be available against that challan. A refund claim for the wrongly allocated CGST and SGST may be pursued. Cash payment is mandatory under the applicable notification, and no interest will be charged for ITC availed under the wrong heads; taxpayers were advised to await GST Council guidance before finalising the annual return. (AI Summary)