WebGSTR-9 is an annual return to be filed yearly by taxpayers registered under GST.It consists of the details regarding the outward and inward supplies made/received, tax liability and input tax credit availed during the relevant financial year under different tax heads that are: CGST, SGST, IGST and HSN codes.. 50 Frequently Asked Questions for GSTR-9 WebGST-Goods and Service Tax; Menu. What should the taxable person do if he pay’s the wrong tax i.e. IGST instead of CGST/SGST or vice versa? (a) Remit tax again and claim …
10 Most Common Mistakes in GST Returns - Professional Utilities
WebMar 25, 2024 · GST Judiciary GST paid under wrong head can be adjusted under another: [Saji S Vs Commissioner, State GST Department Tax Tower] High Court March 25, 2024 vineet 0 Comments Fact: The petitioner, a registered dealer, has purchased certain goods from Chennai and then transported to Kerala. WebNov 5, 2024 · Under the GST provisions there is no such mechanism which allows the taxpayer to adjust the tax amount paid under the wrong head with the correct head. For example, in case the taxpayer paid tax under the CGST and SGST but later it was found … most famous seal team
GST: Refund of Payment of Tax Made Under Wrong Head
WebMar 3, 2024 · As cash ledger can be used for both purpose, Credit ledger can be used both purpose also. INTEREST/PENALTY OR OTHER CAUSES OF PAYMENT. Interest penalty is paid through challan but adjustment of the same is require to be made through GSTR-3B or DRC-03. Penalty is paid for various reason like eway bill wrong filled and caught by … WebJan 22, 2024 · 9. GST paid under wrong head can be adjusted under another: High Court. The Kerala High Court in November ruled that any GST mistakenly paid under one … WebFeb 25, 2024 · The petitioner further submitted that under section 77 (1) of the CGST Act, the petitioner was fully entitled to get the refund of the CGST paid by him wrongly, and at the same time was not liable to pay any interest, … most famous seattle bands