GST Input Excess claimed in GST-3B in previous year

Hi All,

 

I have claimed excess GST input in the previous years 2021-22.  The closing balance of the electronic credit ledger should be 16650 (CGST Rs. 8325 and SGST 8325) but the closing balance is showing as Rs. 24200 (CGST Rs. 12100 and SGST Rs. 12100).  But Today I have identified it while reconciling GST.  How to reverse excess GST input in the previous year 2021-22 and how to take the same effect in the current year 2022-23 (August-2022 GST Return).

Thanks,

Replies (2)
Quick Summary
This discussion addresses how to rectify an excess GST input tax credit claimed in the previous financial year (2021-22). The user discovered a discrepancy where their electronic credit ledger balance was higher than it should be. The advice provided is to reverse the excess claim by reporting it under Table 4(B)(2) of the current GSTR 3B or by paying it through Form DRC-03, setting off the amount from the credit ledger.

Put in itc reverse column
Reverse the same by reporting under table 4(B)(2) of your current GSTR 3B .
else , if you can also pay it by filing DRC 03 (Setoff from your credit ledger)

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
19 August 2026
Chartered Accountant - Financial Consolidation & Reporting

Synergy Keystone

Mumbai

CA

View Details
Company
18 August 2026
Audit Assistant - Remote / Work From Home

CA ANOOP P K & ASSOCIATES

Kozhikode

CA Inter

View Details
Company
14 August 2026
Semi Qualified

Goyanka & Associates

New Delhi

CA Inter

View Details
Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Chartered Accountant Articles

Rohit KC Jain & Co

New Delhi

CA Inter

View Details
Company
17 August 2026
Chartered Accountant with US GAAP Experience

Austin Med Solutions Pvt Ltd

Bengaluru

CA

View Details