banner_ad

Input reversal

Others 218 views 3 replies
in the month of September 2019 excess input claimed in 2018-19 was reversed and in 2019 in cgst input rcm there was opening balance of that excess claim Rs.72000 In september 2019 input 200000 less reversal 72000 for that reversal what should be entry since it has been taken to CGST RCM?
Replies (3)
In my opinion the entry should be like this:-
Dear Abhishek
cannot get your query , can explain with example.
In my opinion the entry should be like this:-

Excess input reversal A/C Dr.72000
To Cgst input Rcm 72000

Statement of P/L Dr.72000
To excess input reversal 72000


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details