https://www.taxtmi.com/forum/issue?id=113769 A taxpayer claimed input tax credit under TRAN 1 para 5(a) though it related to capital goods under para 6(a); the portal upload cannot be rectified by the officer. Taxpayer should submit the error in writing to the jurisdictional office, make an accounting entry and preserve acknowledgement. Failure to correct may require reversal of credit with interest and penalty under Section 122 CGST, with any consideration of bonafide error to arise in adjudication. en-us Wed, 23 May 2018 17:04:47 +0530 Thu, 23 Jan 2025 15:55:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113769 A taxpayer claimed input tax credit under TRAN 1 para 5(a) though it related to capital goods under para 6(a); the portal upload cannot be rectified by the officer. Taxpayer should submit the error in writing to the jurisdictional office, make an accounting entry and preserve acknowledgement. Failure to correct may require reversal of credit with interest and penalty under Section 122 CGST, with any consideration of bonafide error to arise in adjudication. Discussion-Forum GST Wed, 23 May 2018 17:04:47 +0530 https://www.taxtmi.com/forum/issue?id=113769