ITC calim
BISWAJIT (service) (179 Points)
18 June 2018BISWAJIT (service) (179 Points)
18 June 2018
Ravi SADhiyan
(Practice)
(4510 Points)
Replied 18 June 2018
Originally posted by : BISWAJIT | ||
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one party issue a bill in may 18 of Rs 46000/ - including GST . we also claim Itc in may 18. but party now rectify the bill amount of Rs 45500 including GST and use same bill no and date . now what we can do for take the rectify bill in accounts | ![]() |
You reduced Rs 76 ITC Amt in Next GSTR-3B
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 18 June 2018
Vinod Babu
(24196 Points)
Replied 18 June 2018
CA S Praveen Kumar Reddy
(Chartered Accountant)
(2195 Points)
Replied 18 June 2018
Teerth
(Article Assitant)
(20 Points)
Replied 19 June 2018
Reverse excess credit claimed in subsequent month.
In subsequent month "All other ITC" under inward supply should be showed after deducting the previous month's excess credit.
And also show the reversed credit under "(D) Ineligible ITC - Others"