Itc mismatch

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Rajiv (Querist)
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28 May 2019 Good Evening to All Experts,
I am facing problem in Gstr 9. 17-18. Means I
have Input Tax Credit in 3B = 5 lakh
I have Input Tax Credit in Books= 6 lakh.
Sir/Mam what i will do in above case where my Input Tax Credit in Books is more than from 3B. Please halp

CA Anita Bhadra

CA Anita Bhadra (Expert)
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28 May 2019 In case , you had availed excess credit , it need to reversed thru Table 7 H and pay tax fir additional liability thru DRC 03

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Rajiv

Rajiv (Querist)
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29 May 2019 MAM ITC IN 3B ( 5 LAKH) AND IN BOOKS 6 LAKH. 1 LAKH AMOUNT ITC NOT TAKEN IN 3B

CA Anita Bhadra

CA Anita Bhadra (Expert)
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31 May 2019 Its very strange rule of Govt - Excess credit need to be reversed but less credit can not be claimed thru Annual Return .
It will simply lapse

Rajiv

Rajiv (Querist)
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04 June 2019 THAN MAM WHAT I WILL DO IN THAT CASE IN TABLE 6 OF GSTR 9 ANNUAL RETURN ? WILL I FILL ONLY THAT ITC ( 5 LAKH.) DETAIL IN TABLE 6 WHICH IS SHOWN IN GSTR 3B? AND MAM BALANCE 1 LAKH AMOUNT WHERE I WILL SHOW IN ANNUAL RETURN GSTR 9

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