https://www.taxtmi.com/forum/issue?id=119215 Whether excess IGST ITC may be offset against under claimed CGST and SGST is disputed: some advise a set off plea as revenue neutral and contest limitation, while others insist excess credit must be repaid through prescribed procedure. Recommended defences include challenging the departmental reconciliation and invoking input tax credit eligibility and time limit grounds; however, the prevailing practical position presented is that proper procedural reversal is required rather than unilateral set off. en-us Wed, 17 Jul 2024 18:02:43 +0530 Fri, 24 Jan 2025 10:40:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119215 Whether excess IGST ITC may be offset against under claimed CGST and SGST is disputed: some advise a set off plea as revenue neutral and contest limitation, while others insist excess credit must be repaid through prescribed procedure. Recommended defences include challenging the departmental reconciliation and invoking input tax credit eligibility and time limit grounds; however, the prevailing practical position presented is that proper procedural reversal is required rather than unilateral set off. Discussion-Forum GST Wed, 17 Jul 2024 18:02:43 +0530 https://www.taxtmi.com/forum/issue?id=119215