How to show in-eligible ITC in GSTR 3B like car repair expenses, Diwali gifts etc.
Please note, GSTIN mentioned all invoices
For example:
If ITC on Car Repair is 1000, how to show, directly under in-eligible ITC
or 1st enter all other ITC then show in ineligible ITC
4 Replies
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 15 October 2018
1st enter in "All Other ITC column" then Next enter in "In-eligible" Column...
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 15 October 2018
If suppose the Total ITC for the month is 5000/- (including 1000/- of Car Rep.)
Then Show 4000/- ITC (5000-1000) under all the other ITC & 1000/- under Ineligble (u/s 17(5))
Note : 1000/- Shown under 17(5) in -eligble column will not deduct from All other ITC shown as 4000/-
Then Show 4000/- ITC (5000-1000) under all the other ITC & 1000/- under Ineligble (u/s 17(5))
Note : 1000/- Shown under 17(5) in -eligble column will not deduct from All other ITC shown as 4000/-
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 15 October 2018
Yes... I agreed to Mr Pankaj Rawat reply.
Sorry for wrong understanding and reply...
Sorry for wrong understanding and reply...
Jatin
(Accountant)
(3479 Points)
Replied 16 October 2018
Thank you very much Mr. Pankaj & Raja P M Sir
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