if payment for the same is made through drc can we carry forward the itc in credit ledger and set it off against output liability in future
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Quick Summary
If you've wrongly claimed Input Tax Credit (ITC) and subsequently paid the amount along with interest via DRC-03, you might be wondering about the status of your GST credit ledger. This discussion clarifies whether you can carry forward the ITC credit to your GST credit ledger and use it to offset future output tax liabilities, even if the reversal wasn't initially reflected in your GSTR-3B.
I had claimed itc wrongly in 3b now I have paid the same 20000 plus interest through drc. now can I utilize the itc credit in my GST credit ledger since I've not reversed the same in 3B.
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