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Reversal of credit

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73 Points Posted on 06 March 2021
I have wrongly claimed itc under cgst n sgst instead of igst , how can i correct it in next month?
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On 06 March 2021 at 19:06 Report
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Chartered Accountant
24588 Points Posted on 06 March 2021
Reverse the credit in next month and adjust in igst
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On 06 March 2021 at 19:56
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73 Points Posted on 06 March 2021
Reversal can be done by adding that amount( cgst sgst ) in output liability in gstr 3b ?
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On 06 March 2021 at 20:15
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GST Consultant
15986 Points Posted on 06 March 2021
Add the amount of igst not taken in the current month amount. Reverse cgst and sgst. All adjustments to be done in itc table
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On 06 March 2021 at 20:51
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73 Points Posted on 06 March 2021
Okay thnku
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On 06 March 2021 at 20:53


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