In my case I had shown less IGST input credit in Return of Aug 2017...And now as per rules any difference of ITC is to be shown in GSTR 3B of Sep 2018..Please guide me whether it us simply to be added in IGST Input Credit..
Moreover in another case I have shown excess ITC credit..how it is to be reversed in Sep 2018 GSTR 3 B...IT IS to ve deducted through item as per rule 42 ,43 of CGST rules or in Others colum...Please guide...
Menu
old input credit of 2017-18
Replies (4)
yes add for miss and for excess you can deduct
But deduction where is to be shown in ITC reversed others colum or CGST rules 42/43 head...
Show it in others
To increase the ITC you missed to show earlier, Add it to your to Total ITC of September & To decrease , decrease from Total ITC of of sept month
For Eg.
suppose your total ITC for sept month is 100 & ITC to increase is 50 & to Decrease 25, then show net ITC for sept 125/- (100+50-25=125/-)
For Eg.
suppose your total ITC for sept month is 100 & ITC to increase is 50 & to Decrease 25, then show net ITC for sept 125/- (100+50-25=125/-)
Recent Topic
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
- Clarification required on Section 393 & Report
- Professional advance taxes
- Surrender pan process
- Tds on deceased's pan
- Exempt income declaration schedule EI in ITR2 (AY2
- Mold cost invoice in GST return
- WhatsApp document sharing: Client sends Aadhaar, P
- GST Registration Cancelled for Non-Filing Returns
Related Topics
CAclubindia
