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Itc bimistakely taken
where To be shown for itc taken bimistakely in previous return and now have to reverse that amt in this return
Replies (2)
If u have utilised the ITC which was accrued due to your mistake then you shall calculate the ITC amt + Interest @ 24% (from the date the return is due) Through DRC-03 If you haven't Used it Then You have the option to Reverse Through GSTR-3b Table 4
Do reversal of tax on gstr3b , interest calculate 18% from invoice credit taken date to reversal credit date.
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