itc claimed more than 2b , excess amount paid in 3b .
What should I do.
Is there any judgement regarding this?
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ITC MISMATCH, But different type
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Can you elaborate your query...??
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I can't understand...
Itc mismatch upload the detIls
If the ITC claimed in GSTR-3B exceeded the ITC in GSTR-2B, the excess amount could be adjusted with the invoices already claimed in previous month.
ITC claimed above 2B but excess tax paid in 3B:
• If you claimed ITC more than GSTR-2B, the excess (not in 2B) is ineligible (Sec 16(2)(aa)), and the department can recover it with interest. If you also paid excess output tax in 3B, that's a separate overpayment. They don't automatically offset.
• The overpaid output tax can be adjusted in later 3B returns (within the FY or by November next year), or refunded (RFD-01, excess payment, within 2 years).
• Some officers allow netting off in scrutiny. Interest on wrongly availed ITC only if utilised (Rule 88B), and if the credit ledger balance always exceeded it, no interest.
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