Itc reversal

Dear experts,
one of our supplier has yet not file the return petering to 18-19. we have reversed the ITC through 3B. but please advise how to reverse the ITC in books of account. please suggest entry ?
Replies (3)
create an account named CGST & SGST Reverse Ac under duties & taxes...
pass a from JV from your CGST & SGST purchase (under duties & taxes) ac to CGST & SGST Reverse ac
good clarification and information
Respected Subhagan Sreerangam Sir,

It has been noticed for a couple of weeks that you are constantly posting the comment "GOOD CLARIFICATION AND INFORMATION " , for increasing your points. Kindly answer the question asked by the querist without just writing "good clarification and information"..

Please abide the rules and regulations of this group. All the members, employees, executives of caclubindia are trying their level best to make this app as the Best Professional Application.

I have no intention to hurt you Sir..

Thank You.

Warm Regards.

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