Wrong credit credit taken in 3b

You can reverse the same and Pay the correct tax with interest 

Hi

Reverse the wrongly claimed ITC along with interest.

Since ITC in respect of FY 18-19 could only be claimed till Sep 19, the correct ITC shall lapse.

You must reverse the incorrect credit along with interest.

and legally now you cannot even take credit of that IGST.

Hope you find the information helpful if you do please rate it 5 and provide your valuable feedback for my improvement.

Thank you.

Hi,

You must reverse the wrongly claimed ITC along with interest.

Hello,

You will be required to reverse the wrong credit taken with interest. Since ITC is a cumulative concept, you can the eligible IGST credit now.

I hope that this answer satisfies your requirements.

Regards,

CA Hunny Badlani