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Treatment of ITC overclaimed in 3B in accounts
I have taken more ITC in GSTR3B than in 2A and had not reversed the same till 31st March of the FY. What is the treatment for the same in Accounts as on 31st March.
Replies (1)
Pass the entry
GST input tax credit A/c Dr.
To GST payable A/c
GST input tax credit A/c Dr.
To GST payable A/c
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