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GST excess ITC
In table no. 8 (a) Itc as per gst -2A is less than itc as per gst 3b excluding reverse charge + ITC on inward supplies availed during april 2018 to march 2019. The excess claim ITC of Rs.82.07 was reflected in both the CGST and SGST under table no. 8(d). Please let me know what will do in the matter. when I click on the compute tax liability button there is no tax payable was shown?
Replies (1)
You can excess ITC of Rs.82.07 in CGST and SGST without having to pay any liablity. However the department shall issue notice for reversal of such excess claim and then you have to legally fight for the claim of ITC
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