A supplier uploads excess ITC in April, but we take the correct amount.
If they give an amendment in May, my ITC in May reduces by that amount.
How do I account for this?
1 Replies
CA Puja Sharma
(Chartered Accountant)
(5010 Points)
Replied 17 June 2022
Ignore the amendment as you have ignored the excess ITC in April. Claim the correct ITC in GSTR 3B for May which will be higher than the ITC reflected in GSTR 2B. Keep your reconciliation ready in case you receive any discrepancy from the jurisdictional officer.
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