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EXCESS GST PAID IN GSTR-3B RECLAIM IN NEXT MONTH - Goods and Services Tax - GSTExtract Hello, In November 2017, the Assessee mistakenly paid GST of Rs. 8,75,000/- instead of Rs. 87,500/-. The GST was initially paid from the utilization of ITC. The assessee re-claimed ITC of Rs. 787,500. If a refund application were filed, would the department also credit the excess ITC back to the credit ledger only as it was paid trough ITC. The adjustment of excess paid GST reclaimed against ITC is a revenue-neutral transaction, and there is no loss of revenue. Now, the department has issued a Show Cause Notice (SCN) asking the assessee to pay the adjusted ITC of Rs. 787,000/- Whethger adjustments be made without claiming a refund for the excess GST?
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