How to treat ineligible itc? urgently please

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118 Points Posted on 07 February 2020
under 2A i see the bill that is mistakenly shown by the party. now i have to show it under ineligible field in GSTR3B. where should I declare the ineligible ITC or should i treat it ?
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On 07 February 2020 at 11:55 Report
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Quick Summary
This discussion addresses how to treat Input Tax Credit (ITC) that has been mistakenly added to your account but is ineligible. The consensus is that if the invoices are not related to your business, you should not claim the credit. Instead, you can simply ignore these invoices and do not need to declare or reverse them in your GSTR-3B filing.

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banglore
1496 Points Posted on 07 February 2020
No since those invoice are not related to you, you need not avail the credit and reverse in GSTR-3B. You can just ignore those invoices
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On 07 February 2020 at 12:34
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"Do the Right Thing...!!!"
128157 Points Posted on 07 February 2020
Yes.... I agreed to Mr Sujith Kumar Dasa view...

@ Mr Satyapriy.,

You just leave simply. Bcoz, it's not Yours.
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On 07 February 2020 at 17:55

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