ITC mismatch reversal
This query is : Resolved
15 April 2024
I had some typographical error in CGst and sgst input credit claim in gstr 3B for Feb 24 resulting
Claim of much higher ITC than the real one.
In which table and column of Gstr3B this exess ITC Claim can be reversed.
Claim of much higher ITC than the real one.
In which table and column of Gstr3B this exess ITC Claim can be reversed.
15 April 2024
It shall be reversed throughTable 4B-1
17 April 2024
Dear sir
I filed gstr3B with ITC reversal. The portal has automatically calculated the effect of reversal and at the last line given breakup of amount on which interest will be calculated and will auto populate in next GSTR3B. Will I have to pay this interest even if did not make any use out of it. I already had credit in electronic credit ledger. Can I file next month 3B without paying this interest.
I filed gstr3B with ITC reversal. The portal has automatically calculated the effect of reversal and at the last line given breakup of amount on which interest will be calculated and will auto populate in next GSTR3B. Will I have to pay this interest even if did not make any use out of it. I already had credit in electronic credit ledger. Can I file next month 3B without paying this interest.
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