Wrongly took igst input tax credit
This query is : Resolved
21 August 2018
Hello will you please tell me how to reverse the IGST input tax credit.. i inputed 219742 rs,, IGST ITC Wrongly actually i dont have any figures in IGST field but inputed some value in IGST Field in all other ITC. and i got that amount in electronic credit ledger as rupees 219742.. now i need to corrent it in next month.. pls guid me on this... is there any fenalty or interest...
21 August 2018
just inputted IGST figure in next month under Eligible ITC column (B) ITC Reverse sub column(2) others
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21 August 2018
thats it sir ?... is there any fenalty or interest which i should face...? is there any other problem by doing so...?
21 August 2018
No penalty since you have not utilized the same.
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23 August 2018
Thank you so much madam and thank you very much sir...
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