21 October 2017
while filing filing transform (cenvat balance 1.39 Lacs as on 30.06.2017 ) wrongly considered as 2.78 Lacs due default in form My qtn is how to reverse the ITC of excess amount credited to our account .shall we show in gstr 2 as reversal of ITC or tans1 form to be modified
ksp
22 October 2017
Revision of trans-1 allowed one tym but same ia not yet started.
If not corrected then same is settled when your last return in earlier law assessed.
CAclubindia
