Regarding itc

Rajiv (Senior Accounts Officer)   (1548 Points)

25 June 2019  

DEAR MY FAVORITE EXPERTS,

                                                   I MADE A CLERICAL MISTAKE IN GSTR 3B AT THE TIME OF ADVANCE ADJUSTED IN 2017-2018. SIR AT THE TIME OF ADJUSTED OF ADVANCE I INCREASED MY ITC AMOUNT INSTEAD OF ADVANCE ADJUSTED / LESS FROM OUTWARD SUPPLY. WHAT I DO IN THAT CASE. I explain to you an example

MY ITC IN MONTH OF JULY 2017 = 5000

ADVANCE ADJUSTED LIABLITY = 2000

IN THAT CASE AT THE TIME OF FILLING 3B I WAS ADD 2000 IN MY ITC . WHILE THIS AMOUNT SHOULD BE LESS FROM OUTWARD SUPPLY. THIS CREATING DIFFERENCE IN MY GSTR 3B ITC AND BOOKS ITC. WHAT I DO IN THAT CASE ????? KINDLY HELP.