https://www.taxtmi.com/forum/issue?id=117888 Supplier paid IGST into cash ledger but mistakenly utilised input tax credit in GSTR 3B; the ITC was later reversed in annual returns and tax liability adjusted using the cash ledger balance. The department seeks interest for wrongly availed ITC and late payment. Available practical responses include arguing bona fide error given early GST implementation and prior cash payment, or paying under protest and litigating while relying on procedural safeguards and any remanded or precedent decisions. en-us Sun, 03 Apr 2022 16:45:54 +0530 Thu, 23 Jan 2025 15:54:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117888 Supplier paid IGST into cash ledger but mistakenly utilised input tax credit in GSTR 3B; the ITC was later reversed in annual returns and tax liability adjusted using the cash ledger balance. The department seeks interest for wrongly availed ITC and late payment. Available practical responses include arguing bona fide error given early GST implementation and prior cash payment, or paying under protest and litigating while relying on procedural safeguards and any remanded or precedent decisions. Discussion-Forum GST Sun, 03 Apr 2022 16:45:54 +0530 https://www.taxtmi.com/forum/issue?id=117888