Assessed has taken credit on credit note (sales return) instead of reversal from outward supply in 3b. Sugested solution in Annual Return pls
3b return and credit note
Page no : 2
Indira Priyadarsini Kota
(Practice)
(590 Points)
Replied 29 January 2021
You can reverse the excess ITC claimed in annual return and pay the amount equivalent to the ITC reversed.
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