https://www.taxtmi.com/forum/issue?id=120637 Misclassification of GST payment (depositing IGST instead of CGST and SGST) is treated as a clerical classification error that causes no revenue loss and thus, under Section 77(2) and Section 19(2), interest and penalty are not chargeable; contributors cite Rejimon Padickapparambil Alex (Kerala HC, 2024), Board Circular No.192/04/2023, and Circular No.162/18/2021-GST. When registration is cancelled, Section 54(1) permits any person to claim refund and refunds should be paid to the taxpayer's bank account rather than credited to an electronic cash ledger reserved for registered persons. en-us Fri, 05 Dec 2025 19:44:54 +0530 Sun, 14 Dec 2025 16:49:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120637 Misclassification of GST payment (depositing IGST instead of CGST and SGST) is treated as a clerical classification error that causes no revenue loss and thus, under Section 77(2) and Section 19(2), interest and penalty are not chargeable; contributors cite Rejimon Padickapparambil Alex (Kerala HC, 2024), Board Circular No.192/04/2023, and Circular No.162/18/2021-GST. When registration is cancelled, Section 54(1) permits any person to claim refund and refunds should be paid to the taxpayer's bank account rather than credited to an electronic cash ledger reserved for registered persons. Discussion-Forum GST Fri, 05 Dec 2025 19:44:54 +0530 https://www.taxtmi.com/forum/issue?id=120637