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Excess ITC shown in GSTR-3B

Amlan Ranjan Dutta (Business) (82 Points)

14 August 2021  

I added a purchase bill with Input IGST amount of Rs.118. I have shown Rs.118 under "Eligible ITC" in GSTR-3B of 10/2020. But later when I noticed a mismatch with the GSTR-2, I found that, as per the vendor filed invoice, the Input IGST is Rs.115 only, which means I have shown excess ITC of Rs.3. So, I have reversed the ITC amount of Rs.3 in GSTR-3B of 03/2021. Now my query is, should I correct the purchase bill too or keep it as it is? Whatever it should be, it must be according to the GSTN regulations.

Please help! I'm confused.

 3 Replies

CMA Poornima Madhava (CMA) (12987 Points)
Replied 14 August 2021

You may ignore this because the difference is trivial. But if the difference is significant, you may revise the purchase transaction entry too.

Amlan Ranjan Dutta (Business) (82 Points)
Replied 14 August 2021

Don't you think making correction to the purchase bill after I revised the ITC, can make any mismatch in reconciliation?

zulfikar sipai (157 Points)
Replied 15 August 2021

Not avail the itc

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