Itc reversal in gstr 3b

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Chartered Accountant
42 Points Joined November 2013

Hi All,
While Filing the 3B return for the month of January-2018,by mistake we have taken Rs.5,17,32,921 instead of Rs.57,32,921 resulting in Rs.4,60,00,00 excess ITC only in CGST.Now while filing 3B of Feb,2018,when we entering 4.6Cr amount in CGST of ITC Reversed column,portal is taking the equal amount in SGST also automatically.Previously this automatic system is not there in January.For this reason we are unable to file the return..

We have posted this to department through Quick response and Grievance / Complaints,.but not received any response.

We have tried to do off line return also,but while uploading,it is showing error RT-SCVU101

If anyone has any solution,please let us know

Thanks

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On 24 March 2018 at 12:16 Report
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Chartered Accountant
12739 Points Joined December 2016

CONTACT TO HELPDESK 

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On 24 March 2018 at 12:19
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GST Practitioner
55062 Points Joined June 2017
u can do 1 thing if u have credit ,ITC for Feb month is more then 4.6 lac then deduct the same from that month & show the balance ITC as input in Feb 3b
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On 24 March 2018 at 12:26
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Chartered Accountant
12739 Points Joined December 2016

GOOD IDEA PANKAJ G .

BUT IT ALSO DEDECT FROM THE SGST AUTO @ GSTR 3B 

SO PROPORTION THE CREDIT LESS HELF FROM CGST AND HALF FROM SGST 

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On 24 March 2018 at 12:29
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Student CA Final
11857 Points Joined May 2015
Leave that excess cgst as it is and not utilise against ur output tax liability... And when GSTR2 filing is enabled u already get correct itc... As no penalty on that excess itc if u don't utilise them.... Till then pay ur tax correctly.... After filing of GSTR3 of that month ur problem automatically solved
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On 24 March 2018 at 12:56
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GST Practitioner
55062 Points Joined June 2017
, @ yes Naveen ji u r correct ,
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On 24 March 2018 at 13:49
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STUDENT
5 Points Joined June 2018

HI , I HAVE CLAIMED EXCESS CREDIT OF SGST IN GSTR-3B OF AUGUST BY RS.664015. I WANT TO RECTIFY IT IN MY GSTR-3B OF MARCH , BUT I HAVE ITC OF RS.4677 IN MARCH MONTH. HOW CAN I RECTIFY MY MISTAKE.

PLEASE HELP.

 

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On 01 June 2018 at 13:47
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Chartered Accountant
42 Points Joined November 2013

Dear Aryan Pamnani,

Since you have utilised that excess credit in SGST, reverse that excess amount in march and pay in cash.

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On 01 June 2018 at 16:31
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STUDENT
5 Points Joined June 2018

Hii , How can i reverse the excess ITC of sgst in my GSTR-3B of MARCH 2018

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On 06 June 2018 at 10:51
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Chartered Accountant
12739 Points Joined December 2016

IN REVERSE ITC >> OTHER 

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On 06 June 2018 at 13:48
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Chartered Accountant
42 Points Joined November 2013

@ naveen chand,

This Option is given by Department on 24/05/2018 and we have sucessfully reversed our ITC which is excess taken

Thanks All

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On 08 June 2018 at 17:14


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