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GST ITC ....
Suppose in dec I have IGST credit 1000 and purchase return IGST 3000 then 1000 to b shown in gstr 3b All other ITC and 3000 to b shown in ITC reversed others
Replies (1)
No... No... No...
Very Big Nooooo...
Don't be the fill the details as above. It's wrong...
Understand the reversal of ITC and Purchase return...
As per above value No need to show ITC in All other ITC column...
Now, ITC Rs 1000 Purchase return Rs 3000, don't be show the ITC (1000) return...
PR 3000 - 1000(itc) = balance PR 2000. it will be less next month ITC value...
Very Big Nooooo...
Don't be the fill the details as above. It's wrong...
Understand the reversal of ITC and Purchase return...
As per above value No need to show ITC in All other ITC column...
Now, ITC Rs 1000 Purchase return Rs 3000, don't be show the ITC (1000) return...
PR 3000 - 1000(itc) = balance PR 2000. it will be less next month ITC value...
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