Dear Sir
I have taken excess ITC by mistake in the return of Gstr3B month of March 23-23 and the table of itc has also showed red what should I do in this case please help me.
akhilesh tiwari (private worker) (239 Points)
22 April 2023
Sandeep Jain
(Pivate)
(1186 Points)
Replied 22 April 2023
akhilesh tiwari
(private worker)
(239 Points)
Replied 22 April 2023
Sandeep Jain
(Pivate)
(1186 Points)
Replied 23 April 2023
Sneha Latha
(Senior Assistant)
(218 Points)
Replied 24 April 2023
Reverse the ITC in subsequent month GSTR-3B, and if the excess claimed ITC is utilized for payment of outward liability then Interest on the same is also required to be discharged.
CAclubindia
