Dear Sir
Supplier has submit credit note which reflect in 2A. I need to reverse CGST and SGST but in March month we don't have CGST & SGST Input.IGST input available so please suggest what to do in case
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ITC reversal in 3B
Replies (4)
Quick Summary
For reversal of itc you required sufficient credit balance in same ledger otherwise you will not able to reverse
Madam
Can we pay via Cash
Can we pay via Cash
Yes you can add this amount in your output tax liability and pay the same in cash
Thank you Madam
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