Excess itc availed in gstr3b
This query is : Resolved
21 September 2018
During Aug,17 I had wrongly put purchase value I.e Rs.50,00,000 in all other ITC - IGST col.As such Igst credit reflected in my credit ledger.I have not utilised the said ITC yet.How could I reverse the said ITC? As I have no interstate purchase so no igst ITC accruing any month.Sept.18 is the last month for correction of ITC of 17-18.How can I reverse the ITC taken wrongly?
21 September 2018
Show such credit in ITC Reversal-others Column in Table 3 of GSTR-3B.
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22 September 2018
It gives minus figure.will the return be filed?
23 September 2018
Yes you can file it even it gives negative figure
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