Extra ITC taken in period july-17 to March-18. Of rs.600000/-
Now how to pay these amt & show in which return
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Extra ITC use
Replies (3)
Reverse the ITC in the next period's return
Need to Reverse the excess Input tax credit in the subsequent month and that will become the output liability from then and need to pay it in cash and interest also have to be calculated and paid from the date of taking excess Input..
Sir i have taken input as per my received invoices in the month of July-17 in GSTR 3B and seller havent given me the ITC (havent uploaded my purchases)
will there be any problem while filling GSTR -9 if he doesnot give my ITC?
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