Dear All,
suppose company has GST Input Credit of Rs. 3,00,000 in april 2019, which is not utilizable and will be reversed, and output liability of Rs. 1,50,000, but unfortunately 1,50,000 has wrongly utilized from input credit balance instead of cash credit ledger available Rs. 1,50,000/-.
How can rectify this mistake, please suggest.
CAclubindia
