Dear Sir
In July17 we wrongly showed more ITC say Rs.5000/= (remember showed, not utilised as set-off).
in subsequent months we properly filled GSTR3B with output GST, Input GST, and difference was paid in cash.
The Rs.5000/= wrogly shown in GSTR3B was never utilised. Electronic ledger in GST site shows this as credit balance every month.
This was not reversed till March-19.
How to show this in GSTR9.
Further: Now in May-19 we reversed this amount Rs.5000/=, and now Electronic ledger shows zero balance.
For clear explanation I am attaching a sheet, please see attachment.
Please guide for effect in annual return, also as ITC was not used as set-off - do we have to pay interest (there was no liability at any stage, and there is no liability at present)
Regards
Manoj Punjabi
Attached File : 941807 20190615175139 gst itc details sheet.xlsx downloaded: 86 times
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