if we construct a buliding and expenses like cement purchased for construction which logically should be capitalised in fixed assets ledger in tally but claimed that gst part as Input in Gstr3B. Now what to do ? whether reversing the same input we claimed in Gstr3B input tab is the right solution for it or something else?
In ur consequent gstr 3b returns take less credit equal to amount of wrong credit u have taken. if u dont do this ,when ur gstr 9 will b filed then u have to pay this amount of wrong credit with heavy amount of interest.
CAclubindia
