Hello all,
When we try to avail ITC on GST paid on rent by entering values in Table 4(A)(3) in GSTR-3B, it is showing as there is a variance in and auto population highlighting in red colour. what to do? How to proceed?
Hello all,
When we try to avail ITC on GST paid on rent by entering values in Table 4(A)(3) in GSTR-3B, it is showing as there is a variance in and auto population highlighting in red colour. what to do? How to proceed?
If you are availing ITC in Table 4(3) of which decalred in Table 3.1(d), just ignore the error. As you are making payment of GST liability under reverse charge you are eligible for availing input credit of the same.
If you have shown the liability in Table 3.1 in d, column "Inward supplies liable to reverse charge"....then you can claim ITC of this in Table 3.4A in (3) Inward supplies liabke to reverse charge.
Ignore the red error.
DRC 01C will be generated as and when excess ITC availed in GSTR 3B in addition to the ITC available in GSTR 2B. DRC 01C only check the ITC availed in Table 4(A)(5) with ITC available in GSTR 2B.
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