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excess ITC setoff
In gstr 3b excess sales were shown and the output tax was completely set off using ITC but the actual sales were less , so now will the excess ITC setoff be automatically added to credit ledger
Replies (3)
SHOW THE SALES LESS IN NEXT MONTH
so it means ITC once setoff can't be again reflected in credit ledger and we have to adjust it by adjusting next month's sales
Show the correct sales in gstr1 and it will be reflected in credit ledger in next month.........
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