Excess credit

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 March 2018 Dear Sir,

I made mistake in GSTR 3B for the month of Feb,
Our purchase bill amount basic is 100000 and IGST amount is 18000/-, but by mistake i am taken GST amount 20000/- and excess is 2000/-. Now what I am doing please help me.

Kindly mentioned section and notification also for our filing purpose.

regards

Expert : Anonymous

Expert : Anonymous (Expert)

25 March 2018 You ll reverse the excess credit in next GSTR 3B...

Querist : Anonymous

Querist : Anonymous (Querist)

25 March 2018 I can issue any invoice

Upgrade to CAclubindia Pro. Subscribe Now!

RAJA P M

RAJA P M (Expert)
Follow

25 March 2018 No...
You must reverse the ITC if You are not consume and Excess claimed...

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow

25 March 2018 Agreed with Raja PM, reverse the ITC in next month GSTR-3B

Message likes : 2 times

RAJA P M

RAJA P M (Expert)
Follow

25 March 2018 Wow.... What a Surprise...

Welcome Ms. CA Rashmi Gandhi...
After A Long Long Longggg time I saw Your Participation...

Always Welcome Dear...

Message likes : 1 times

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow

26 March 2018 Working on some book. So, not active on Caclub.....

RAJA P M

RAJA P M (Expert)
Follow

26 March 2018 Oh okay okay...
Enjoy Yourself Dear. Also Good Luck for Finishing Your Book...

What book and Which related?

Upgrade to CAclubindia Pro. Subscribe Now!

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow

26 March 2018 Completed my book on GST for Graduation Level students & same is published.

Message likes : 1 times

RAJA P M

RAJA P M (Expert)
Follow

26 March 2018 Oh really...!!!
Nice Nice work...!!!
What is the Name of Your book?
Explain simply Yourself for Your book how to it helps about GST?
Rate..?
If available Send out a Copy to me...!!!

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow

26 March 2018 Book named as GST.
Its a book written in a very simple language fro college students to easily understand the basics of GST.
MRP is 350/-
Available specially for Bikaner University & MLSU University students.
Will send you a copy if you want.

Expert : Anonymous

Expert : Anonymous (Expert)

26 March 2018 Yeah... Send to me a copy of Your Book...

By
RAJA P M

Upgrade to CAclubindia Pro. Subscribe Now!

Querist : Anonymous

Querist : Anonymous (Querist)

26 March 2018 which column I have to show in GSTR3B

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow

26 March 2018 You have to show it in ITC reversal column.

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow