Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Regarding advance adjusted liability add in itc

Save Share

This query is : Resolved

Rajiv (Querist)
Follow

25 June 2019 DEAR MY FAVORITE EXPERTS,
I MADE A CLERICAL MISTAKE IN GSTR 3B AT THE TIME OF ADVANCE ADJUSTED IN 2017-2018. SIR AT THE TIME OF ADJUSTED OF ADVANCE I INCREASED MY ITC AMOUNT INSTEAD OF ADVANCE ADJUSTED / LESS FROM OUTWARD SUPPLY. WHAT I DO IN THAT CASE. I explain to you an example

MY ITC IN MONTH OF JULY 2017 = 5000
ADVANCE ADJUSTED LIABLITY = 2000
IN THAT CASE AT THE TIME OF FILLING 3B I WAS ADD 2000 IN MY ITC . WHILE THIS AMOUNT SHOULD BE LESS FROM OUTWARD SUPPLY.
THIS CREATING DIFFERENCE IN MY GSTR 3B ITC AND BOOKS ITC.

WHAT I DO IN THAT CASE ?????
KINDLY HELP.

Rajiv

Rajiv (Querist)
Follow

29 June 2019 KINDLY REPLYDEAR MY FAVORITE EXPERTS, I MADE A CLERICAL MISTAKE IN GSTR 3B AT THE TIME OF ADVANCE ADJUSTED IN 2017-2018. SIR AT THE TIME OF ADJUSTED OF ADVANCE I INCREASED MY ITC AMOUNT INSTEAD OF ADVANCE ADJUSTED / LESS FROM OUTWARD SUPPLY. WHAT I DO IN THAT CASE. I explain to you an example MY ITC IN MONTH OF JULY 2017 = 5000 ADVANCE ADJUSTED LIABLITY = 2000 IN THAT CASE AT THE TIME OF FILLING 3B I WAS ADD 2000 IN MY ITC . WHILE THIS AMOUNT SHOULD BE LESS FROM OUTWARD SUPPLY. THIS CREATING DIFFERENCE IN MY GSTR 3B ITC AND BOOKS ITC. WHAT I DO IN THAT CASE ????? KINDLY HELP.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now