https://www.taxtmi.com/forum/issue?id=115082 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. en-us Mon, 17 Jun 2019 08:55:05 +0530 Thu, 23 Jan 2025 15:55:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115082 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. Discussion-Forum GST Mon, 17 Jun 2019 08:55:05 +0530 https://www.taxtmi.com/forum/issue?id=115082