Dabble entry of purchase invoice.

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This query is : Resolved

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A user accidentally entered five purchase invoices from the same supplier twice and claimed the input tax credit (ITC) in May. They are seeking advice on how to reverse these duplicate entries as the supplier is unwilling to issue a credit note. The recommended solution is to reverse the excess ITC manually in the subsequent GSTR-3B filing, specifically under Table 4(B) 'Others', and to pay the applicable interest on the reversed amount.

k.b.nagesharao

k.b.nagesharao (Querist)
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15 July 2021 Dear Sirs,

I have entered 5 invoices of same party twice and claimed input tax in the month of may. My query is how to reverse the entries as the other party is not giving any credit note. for the same. Kindly advise what to do. As this is the First Time I am little bit confused. Please give your valuable advise.
Thanks in advance,

CMA Poornima Madhava

CMA Poornima Madhava (Expert)
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15 July 2021 Excess ITC to be reversed in the subsequent gstr3b. Just reduce the excess ITC manually.

k.b.nagesharao

k.b.nagesharao (Querist)
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16 July 2021 Thank you for your valuable reply, my doubt is how to reverse in 3B

CMA Poornima Madhava

CMA Poornima Madhava (Expert)
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16 July 2021 Reduce it from Table 4(b)

Deepa B

Deepa B (Expert)
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16 July 2021 In your GSTR-3B -Show the tax amount to be reversed in Table-4 Eligible ITC >> (B) ITC Reversed >> Others.
But along with the reversal, you have to pay the applicable interest as well.