Itc

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 December 2018 Hi Friends,
The Input tax credit against any tax invoice pertaining to FY 17-18 can be claimed up to the last date of filing GSTR -3B of September month of FY 18-19 or annual return of FY 17 -18 whichever is earlier.
In my September Month return I have claimed Excess or If the amount is wrongly incorporated. can i rectify it in Subsequent months return?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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02 December 2018 Yes you can reverse such excess claim now.

Querist : Anonymous

Querist : Anonymous (Querist)

03 December 2018 If I have purchased a motor cycle in 2017-18 for that i have received 10,000 input tax credit this bill reflected in my 2A also.
In September 2018 return I have decided to show that input and reverse it back.
unfortunately i haven't showed in input but reversed.
because of that i have lost 10,000 Input tax
can i get back that input now

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