PURCHASED ITEM WITH IN STATE IAM MISTAKENLY ENTETRD AS INTERSTATE PURCHASE IN 2019MARCH
SO WE TAKEN IGST=17000 ,INSTEAD OF (SGST=8500,CGST=8500)
HOW CAN ADJUST THESE FIGURE IN 2019-20 JUNE? PLS SUGGEST
| Details | Amount | Integrated Tax | Central Tax | State/ UT Tax | Cess | ||||||||||
| 1 | 2 | 3 | 4 | 5 | |||||||||||
| (A) ITC Available (whether in full or part) | |||||||||||||||
| (1) Import of goods | |||||||||||||||
| (2) Import of services | |||||||||||||||
| (3) Inward supplies liable to reverse charge (other than 1 & 2 above) | |||||||||||||||
| (4) Inward supplies from ISD | |||||||||||||||
| (5) All other ITC | 20562.00 | 1233.72 | 1233.72 | ||||||||||||
| Total | 20562.00 | 1233.72 | 1233.72 | ||||||||||||
| ADD MISTAKEN ITC | 8500.11 | 8500.11 | |||||||||||||
| (B) ITC Reversed | |||||||||||||||
| (1) As per rules 42 & 43 of CGST Rules | |||||||||||||||
| (2) Others | 17000.11 | ||||||||||||||
| (C) Net ITC Available (A) – (B) | 20562.00 | -17000.11 | 9733.83 | 9733.83 | |||||||||||
| (D) Ineligible ITC | |||||||||||||||
| (1) As per section 17(5) | |||||||||||||||
| (2) Others | |||||||||||||||
IS THIS CORRECT ??/
OR ANYTHING ELSE
CAclubindia
