i have excess claimed Rs 5,60,000 for the FY 2018-19, how ever my sep 2019 return is also filed , in september 2019 month return , i have not reverese the excess itc which claimed in the Fy 2018-19, kindly guide me how to further proceed , i have rs 7,00,000 ITC in my account , i am ready to return the excess input claimed by me. the actually itc which i have excess claimed , i have properly bills also , how ever Gstr-2a, they are not reflected kindly guide me
01 November 2019
File DRC 03 and pay excess ITC claimed. GST portal enabled the feature of adjusting the amount to be paid with the amount available in Credit / Cash ledger
01 November 2019
Dear sir/ Madam, please confirm which is the best solution whether to reverse in GSTR-3B OR I CAN REVERESE EXCESS ITC CLAIMED IN DRC-03
CAclubindia
