Dear Sir,
In case of Bill To & Ship To, if Supplier has paid CGST/SGST in place of IGST & receiver also availed same as CGST/SGST for whole FY 19-20. There are 60-80 Invoices during FY 19-20, by paying IGST & claim CGST/SGST as Refund is tedious work. What to be done now as a supplier & as a receiver also, please suggest ?
Thanks,
Supplier to Seek Refund for Wrong Tax Payment Under Section 77(1) of CGST Act; Discusses Corrective Measures A forum discussion addresses a GST issue where a supplier paid CGST/SGST instead of IGST for transactions involving 60-80 invoices in FY 19-20. The consensus is that the supplier should seek a refund, as per Section 77(1) of the CGST Act, 2017, which involves waiting for a departmental notice to avoid interest liability. Suggestions include using GST PMT 09 for tax adjustments and issuing credit notes to correct the tax head. The receiver's responsibility for claiming ITC is discussed, emphasizing the supplier's role in determining the correct tax head. The forum highlights the importance of following procedural guidelines for refunds and tax adjustments. (AI Summary)
TaxTMI 
TaxTMI 
