asif shaikh 19 September 2019
can I use gst itc credit ledger balance of August 2019 to payment of wrongly taken itc of 2017/18 and 2018/19 through Drc 03.please guide.
prasad Nilugal (Accountant and GST Practitioner . ) 19 September 2019
1)No , I don,t think so. you have to pay in cash only
2) You have reverse the ITC in Table 7H (1) of GSTR 9 ( see help section in Table 7 of GSTR 9)
3) Payment in cash ledger
4) File DRC03 for set off
please confirm with others also
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