ITC reversed and reclaim

269 views 3 replies

Sir

For FY 17-18 Excess ITC avail and is return with interest with DRS 03 FY 17-18

No ITC reverse shown under GSTR 3B FY 17-18 (No ITC reveresd FY 17-18)

But ITC reverse mention in GSTR 9 FY 17-18 under Table 12 for 8000.00

ITC reversed in GSTR 3B- 06/18 and same reclaim on GSTR3B- 09/19 for 8000.00

All GSTR 3B till Feb20 filled

GSTR 3B of March 19-20 till Not filed

GSTR 9 – 18-19 till not filed

All Purchase paid and as per GSTR 2A

How to treat

Replies (3)
You may file march return without any omissions
I cannot get your query , kindly clarify.
1. Fy 2017-18 Excess ITC claimed was paid through DRC 03 , so not required reverse the same in 3B .

Now further you in GSTr 9 Fy2017-18 8000/- ITC shown in table 12 as Reversal . whether this was paid by filing DRC 03 ??? . If Yes then in your next entry in June 20 reversal shown & was reclaimed in September 18 is Ok .
Pankaj sir during GSTR 3B Fy july and aug 17-18 i mention same value for both month and as system is new get hanged too, i am in impression ki i have to reverse one value, after a year and latter i get single value in GSTR3B and GSTR 2A on tile credit claim & Due, and durin filing GSTR9 system taking Both value as ITC claim hence i reversed balance with DRC03 and submitt GSTR9 . No ITC reveresd in GSTR3B of 17-18 at the time of submission GSTR 9 year is 18-19, so wrongly i mention value of ITC reversed on coulmn 12 of GSTR9. now in year 18-19 in GSTR 3B of 6/18 i reverse ITC ( with impression i claimed excess ITC) than when realize i did wrong i claim same in GSTR 3B of 9/19. now GSTR 3B of march 19-20 ,& GSTR9 of 18-19 due All credit of iTC claim in GSTR 3B only ITC of feb 19-20 left un claim , all bills are paid and as per GSTR2A for submitting GSTR3B of 19-20 and GSTR 9 of 18-19 how to treat what to do pl guide


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details