Treatment of reversed ITC

ITC / Input 85 views 2 replies
We had to reverse some amount of available ITC at the time of filing of GSTR3B, because our sales consists of taxable and tax free items. Our question is whether reversed amount is to be debited to the respective purchased item or directly debited to profit & loss accounts in the same month?We prepare monthly profit & loss accounts.
Replies (2)
Anyone pl. advice
Anyone pl. advice


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