ITC REVERSAL
This query is : Resolved
14 October 2020
Hello Sir,
i have claimed wrong itc ; CGST-2814 and SGST-2814 in the month of january 2020 (F.Y. 2019-20) in GSTR-3B return. So please tell me how can be solved this problem in the month of September 2020 (F.Y. 2020-21) in GSTR-3B return.
you will be thankful for that.
Thanks.
i have claimed wrong itc ; CGST-2814 and SGST-2814 in the month of january 2020 (F.Y. 2019-20) in GSTR-3B return. So please tell me how can be solved this problem in the month of September 2020 (F.Y. 2020-21) in GSTR-3B return.
you will be thankful for that.
Thanks.
14 October 2020
Reverse that excess ITC in GSTR 3B of September, 2020
Message likes :
1 times
14 October 2020
Sagar Sir interest will have to be paid or not if yes than how much %
14 October 2020
No interest if the excess ITC was not utilised.
Message likes :
2 times
14 October 2020
Can you elaborate your question "how will do it"
14 October 2020
Dear sir i want to say if i entered cgst and sgst amount in reverse column in sep 2020 gstr 3b than how will be adjusted that reverse amount in january 2020 mistake month. because mistake year 2019-20 and the correction year 2020-21
14 October 2020
That is allowed and not a problem.
14 October 2020
Thank you so much sir for your valuable reply....
15 October 2020
Sir what will i do if the situation is opposite. I mean if i forget to claim the itc in f.y. 2019-20 and now i am in sep f.y. 2020-21
16 October 2020
than you can claim that missed ITC in GSTR 3B in all other ITC Column.
[On or before Due date of Sep, 2020 return i.e 20th October, 2020 only]
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
