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ITC Reversed / Ineligible ITC

CA Montu Rana (Article ) (76 Points)

11 June 2018

While filling 3B Return of May 2018 We filled amount of ITC Reversed wrongly in the column of Ineligible ITC-others as per Diagram Attached.Please guide How to rectify the same. Please Reply as soon as possible.

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14 Replies

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 11 June 2018

Rectify by doubling the amount in your next 3b

1 Like

CA Montu Rana (Article ) (76 Points)
Replied 11 June 2018

But Wrongly entered amount in Ineligible others amounts are not Effected in credit ledger.

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 11 June 2018

Thats what iam sayings , suppose your credit was Rs.100 but instead of putting it in under all other ITC, you put the same under the Reversal of ITC ,in that case Rs. 200/- is taken as credit in your next 3b.

But if you have shown 100 under ITC , & 100/- under ITC reversal then show only 100 under ITC in your next 3b

CA Montu Rana (Article ) (76 Points)
Replied 11 June 2018

मेरे Ledger में Extra Credit है जो में Reverse की Column में fill करता तो Balance अपने आप reduce हो जाता।।।

बस यही पे Mistake हुई कि में GST Reverse करके की जगह amount GST Ineligible में दाल दी, जिसकी असर किसी भी ledger पे हो नही रही।

मेरा अभी प्रॉब्लम यही है कि में नेक्स्ट मंथ में ITC reversed तो कर दूँगा।।। But जो मेरी गलती, Amount को Ineligible में डाले की हुइ है उसका आगे जाके मेरी credit पे क्या इफ़ेक्ट हो सकती है और आगे मुजे क्या करना चाइये।।।

Vinod Babu (24191 Points)
Replied 11 June 2018

👆💪💪💪

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 11 June 2018

Montu ji
Aap ney jo amount Ineligible main daali thi usko woh less nahi karta. bilkul teek ,.. toh aap apni next GSTR 3b wohi amount ITC reverse main dekha Dena

Sirf ushi month ka books main credit ledger, portal ke credit ledger se nahi milega , Lekin next month both will tally

As there is no provision to revised return in GST, you can only rectify in next return

1 Like

Shyam Yadav (21 Points)
Replied 18 November 2018

sir local authority deducted 2% tds but what amount of gst payable put in 3b .

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 20 November 2018

SHOW TAXABLE VALUE ON GST IS CHARGED

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 20 November 2018

***** SHOW THE VALUE BEFORE GST, ON WHICH GST IS CHARGED

Shobia (Articleship) (40 Points)
Replied 13 June 2019

Hi Montu Rana

I also did the same mistake in March 2019, could you please let me know how you rectified the issue so that it will be helpful for me to do the same.

CA Montu Rana (Article ) (76 Points)
Replied 22 June 2019

1. mistake of Ineligible ITC to be rectified in Annual Return only.

2. In next month you have to Claim ITC of Previous Month, as Enter data in Ineligible ITC makes no effect in ITC ledger.

Shobia (Articleship) (40 Points)
Replied 22 June 2019

Thank you for the response..

Correct me if am wrong, I can ignore the ineligible now (which can be rectified during GSTR 9) and while filing GSTR3B for June 2019, i can fill the amount in reverse column which i erroneously filled in Ineligible column in March.