Dear sir
We done a mistake in goods return instead of reversal of OUTPUT Tax liability we wrongly claim input tax credit and paid output tax liability without reduce liability by goods return
there any remady available, since no any extra benifit we take
please update
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Wrongly paid excess un output and take input
Replies (3)
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Dear Nitin jain
This mistake would have not done if you have availed ITC as per Gstr2B . So in future claim ITC only which is reflected in your GSTR 2B .
You can rectify the same in your Next GSTR 3B . Reverse the ITC & Reduce your Output Tax Liability.
Note: As you have not mentioned that whether you have reported the CNT (Goods return) in GSTR-01 correctly as Iam assuming that the same is not being reported by you in your GSTR 01 , so do report it in GSTR 01
This mistake would have not done if you have availed ITC as per Gstr2B . So in future claim ITC only which is reflected in your GSTR 2B .
You can rectify the same in your Next GSTR 3B . Reverse the ITC & Reduce your Output Tax Liability.
Note: As you have not mentioned that whether you have reported the CNT (Goods return) in GSTR-01 correctly as Iam assuming that the same is not being reported by you in your GSTR 01 , so do report it in GSTR 01
This is done in 17 -18 f.y is any remady
Dear Nitin jain
Sorry you cannot do now.
Yes you can convince the proper officer that fy 2017-18 was the early inception period of GST & due to lack of knowledge & some portal technical glitches such error has been done & moreover it is Revenue Neutral error.
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