wrongly availed ITC, Goods and Services Tax - GST

[SRIHARI CHILLA]

Dear Experts

Assessee is the supplier of Debarked eucalyptus to the paper Mill ITC ltd.

1. GSTR-1 filed showing that liability of IGST and filed with in the due date that is Augist 11 2017

2. while filing the GSTR-3B, The tax liability of IGST paid with in the due date 20-08-2017

Here Assesee is purchasing the eucalyptus gardens from the farmers who are the unregistered delaers.in the initial period assesee had confused the RCM mechanism, filed the GSTR-3B by utilising the ITC (which not available) filed the Returns GSTR-3B. but the IGST tax paid is remains in the Cash ledger. later he realized at the time of filing the Annual Return 9 and 9C, the wrongly utilised ITC reversed and the amount of IGST adjusted towards liability of tax. now the Department done the Audit asking to pay the interest.

kindly suggest us

Posts / Replies

[Shilpi Jain]

Same query as the next one. Replied there.