banner_ad

Regarding wrong itc in 3 b. but want to reverse in gstr 9

Return 351 views 1 replies

Namaskar Sir / Madam
                      Sir need your help. Sir  I Have Taken  wrong input tax credit in Gstr 3B in Month of July 2017.Sir not reverse these wrong Itc  in any  monthly return 3B  and in f.y 2017-2018 , 2018-2019, 2019-2020  Sir just wanted to knew that how i will be reverse these wrong itc in Gstr 9 ???

example. 

Itc In  3B in F.Y 2017-2018 = 10000

Wrong itc include in above amount = 2000

Sir these 2000 amount i was forgot to reverse these amount in any f.y 2017-2018,2018-2019,2019-2020. But i want to reverse these amount in Gstr 9 . So please guided me

Replies (1)

Hello Mr.Rajiv

                         You cannot reverse ITC which is excessively claimed in your GSTR-3B in GSTR -9 ,But You can Reverse the ITC excessively claimed. By filing form DRC -03 with the amount of itc excessively claimed, along with 24% interest in ,And you should mention in GSTR -9 (table no -7 Details of ITC Reversed and Ineligible ITC for the financial year) .


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details