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TMI BlogINTERCHANGE IN GST ON IPT CREDITX X X X Extracts X X X X X X X X Extracts X X X X ..... INTERCHANGE IN GST ON IPT CREDIT X X X X Extracts X X X X X X X X Extracts X X X X ..... r Sir, 1. September 2021 GST reurns are not yet filed. 2. During October 2020 and January 2021 there was ITC of IGST, which was wrongly considered in CGST and SGST. 3. How to rectify the above m ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... istake sir/madam. 4. What is the position of above ITC Yours faithfully, K G Anantharao Reply By Shilpi Jain: The Reply: This rectification should be allowed. Also availing igst as cgst and sgs ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t is revenue neutral since there will be no mis utilisation of credit. Though as always dept could dispute. Merely because the sep 21 return is not filed will not make any difference since the due da ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... te for filing September 21 return has lapsed. Reply By KERAGODEGOPALARAO ANANTHARAO: The Reply: THANK YOU MADAM Reply By Ganeshan Kalyani: The Reply: As rightly said by Shilpi Mam that there is re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... venue neutral but department may ask to pay CGST+SGST and it was paid short because IGST was claimed as CGST+SGST. And IGST cannot be claimed as timeline is elapsed. X X X X Extracts X X X X X X X X Extracts X X X X ..... haring ..... X X X X Extracts X X X X X X X X Extracts X X X X
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