TaxTMI 
TaxTMI 
In FY 2018-19, a person has wrongly claimed CGST and SGST of ₹ 30,000 each instead of claiming IGST of ₹ 60,000. No correction made in subsequent returns upto September 2019. However, the net tax payable after such ITC availment is paid under the correct head. Is there any way to correct this mistake in GSTR-9? Will the IGST lapse?
ITC claimed under wrong head
03 Apr 2020 
8 Replies 
29046 Views Asked by
Input Tax Credit misclassification may be remedied by deposit and refund or adjustment, but risks penalties and notices.
Wrong classification of input tax credit where IGST was required but CGST and SGST credits were availed can be remedied by depositing under the correct head and seeking refund or adjustment of amounts paid under the incorrect heads; case law supports relief by aligning payments with the correct tax head where no revenue loss occurred. (AI Summary)
Wrong classification of input tax credit where IGST was required but CGST and SGST credits were availed can be remedied by depositing under the correct head and seeking refund or adjustment of amounts paid under the incorrect heads; case law supports relief by aligning payments with the correct tax head where no revenue loss occurred. (AI Summary)