Excess itc claimed in gstr 3b july 2017

This query is : Resolved 

(Querist) 12 January 2018
I have wrongly claimed excess ITC (IGST) of 2lacs in GSTR3b for the month of July 2017 due to which Credit of IGST has been increased by Rs. 2 lacs. Now how to rectify the error? Please provide some solution...
Thanx in advance.....


Click to Talk 12 January 2018
Rectify the mistake in the next gstr 3b.

Priyanshu Goel (Querist) 12 January 2018
How??pls provide details.. for that whether i have to disclose taxable amount for that & disclose IGST by Rs.2lacs under taxable supplies Or in any other head?


Click to Talk 12 January 2018
Reverse the excess ITC and net it of with current month ITC.

Priyanshu Goel (Querist) 13 January 2018
Where? Either
- in the head ITC reversed others under 4(B)(2) of gstr 3b
- in the head 3.1(a) outward taxable supplies by providing the amount under the IGST


Click to Talk 13 January 2018
Yes reverse under 4(B)(2).

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