Good Evening,
ITC Entered Wrong. But Not Utilize.But The Same Not Dicplay In Cash Ledger. Display On GSTR 3B Only.How To Solve The Same. I Think This Is RCM Amount. Try To Modify Before Filling. But Not Modified.
This is FY 2017-18 Aug Month Issue.
Menu
Input Credit Regarding
Replies (8)
Hi, If it is old period then input cant be taken to offset the GST as the timelimit (mar'19) got over.
ITC appears only in Electronic credit ledgernot in Cash ledger please check it.
Yes Not Appears In Electronic Credit Ledger
In Annual Return Report data as below
1. If Not Reversed in Next fy (the wrong ITC):
Provide data in table 6 as per 3B , & deposit ITC wrongly claimed with Interest 24%, by filing DRC 03
2. When reversed in Next fy ( The wrong claim ITC) :
Provide data in table 6 as per Books , & report wrongly claim ITC in table 12 (deposit only intt. @ 24% )
1. If Not Reversed in Next fy (the wrong ITC):
Provide data in table 6 as per 3B , & deposit ITC wrongly claimed with Interest 24%, by filing DRC 03
2. When reversed in Next fy ( The wrong claim ITC) :
Provide data in table 6 as per Books , & report wrongly claim ITC in table 12 (deposit only intt. @ 24% )
Sir, Wrongly Entered But Not Claimed.
DEAR GOPAL JI
NOT CLAIMED , MEANS NOT UTILISED, !!!!, IF SAME IS BEING REFLECTED IN YOUR CREDIT LEDGER BUT NOT UTILISED , YOU HAVE TO DEPOSIT THE TAX FOR THE SAME WITH INTEREST
Sir,
That WasOnly Wrong Entry. No Payment Due From My End. Not Reflection On Credit Ledger Also. Even Though We Are Liable To Pay.
That WasOnly Wrong Entry. No Payment Due From My End. Not Reflection On Credit Ledger Also. Even Though We Are Liable To Pay.
Then why you are bathering about it? You have to reconcile head wise IGST,CGST & SGST claim of ITC with referance to Original Invoices you are having. ITC claimed wrongly if any it can be reversed that too before filing March return of the fy.
Recent Topics :
- ITC availed on 5%-rate passenger transport (AC bus
- Extension of Due Date of AY 2026-27
- FAST DS 2026
- Does AIS GST Purchase aggregate GSTR-2B expenses?
- Form 26A - System has encountered some technical p
- Tool to convert GST invoice PDFs into Excel —
- Revised or rectification or leave it?
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
Related Topics :
CAclubindia
