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.
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.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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