gst excess claim
nitinjain (accountant) (408 Points)
24 October 2018
Wrongly claim In f. Y. 2017-18 can I reverse in Oct month return in 2018
3 Replies
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 24 October 2018
No you cannot ,.... any adjustment pertaing to 2017-18, cannot be done after sept 18 rerurn filed
Ramachandran R
(124 Points)
Replied 25 October 2018
| Originally posted by : Vinod Babu | ||
 |
Yes, you can reverse it oct month |  |
I have to take almost 11k ITC for last year which I didnt claim
Among which I've to reverse 2k for exempt supplies. Another 2k for excess ITC Claimed. still 7k to be claimed so whether have to pay any interest??
Should i show 11k in ITC head or 7k after reducing the reverse. Thanks in advance
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