Question

We import of goods from outside India for resale in India. We have paid IGST on import of goods. For the months of Dec.2017 and Jan.2018 we have claimed wrongly IGST on import of goods as ITC under the following rows of GSTR-3B Returns : A(2) Import of Services : Rs. 2,12,560/- A(5) All other ITC : Rs. 5,36,760/- As the deadline of Sep.2018 for correction has already been passed. My qeries are : a) What courses of action/correction are available to us now? b) What are the penal actions we may face ?

Answer

As the last date for correction has already passed, you are suggested to write a letter to the Jurisdictional GST Officer giving details of all the transactions with details of credit claimed under wrong heads.

Several representations have been made to government to extend the time limit for correction. It is not sure that time limit will extend but it is expected. So you can refer our daily mail, if there is any extension, you will be informed through Daily Mail as soon as it will be notified. (Reply dt.12/11/2018)