claimed wrong ITC need expert advice

ITC / Input 145 views 4 replies
i already fileed my GSTR 3b and GSTR 1 .I claimed wrong itc in my GSTR 3b, mistakes i did as follows -
1).one purchase bill wrongly entered in ledger of another party.
2).in one purchase bill mistakely write one more zero so taxable amount and tax increased so claimed more ITC

anyone please suggest me what to do now should i reverse this ITC in any subsequent month GSTR3b in tqble A part b
or should i wait for GSTR 2 matching concept
Replies (4)
1- no option to rectify it at this moment...
2- yes you can reverse this Itc In next month

YOU CAN YOUR ITD REVEARSAL IN THE NEXT GST 1

YOU CAN REVERSAL  YOUR ITC  IN THE NEXT GST 1   AND DEPOSIT GST WITH INTEREST

 

where is option to reversal in gstr 1 ?


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register