Question ID : 40652

ITC Claimed under wrong head

Dear Members, One of our client has claimed IGST credit as CGST/SGST in the month of September 2019. Eg. Purchase Invoice having IGST as 2,20,000 is claimed as 1,10,000 each in CGST/SGST. We found this error in the process of reconciliation of ITC with 2A. As we are yet to file the GSTR 3B for March 2020,can we reverse the CGST/SGST for March 2020 and claim the IGST. (As the CGST/SGST for march is very less reversing the same will lead to a negative figure in GSTR 3B for March 2020. Will this be a problem?) Kindly Advise. Thanks in Advance. Note: We can utilized the wrong ITC claimed for setting of our liability.

posted by S. JITESH on May 19 2020 12:00AM