Negative Sales in GST-3B
vikram kerekar (1241 Points)
20 March 2023So, How to show in GST-3b?
Should I add the amount to ITC and show as ITC?
Because, negative values cannot be entered in Sales column table
Please help 🙏
Thanks
vikram kerekar (1241 Points)
20 March 2023
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 20 March 2023
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 20 March 2023
Sneha Latha
(Senior Assistant)
(218 Points)
Replied 21 March 2023
Should not be added to ITC, the same should be adjusted in coming months when turnover is available.
Umar Yaqoob
(2 Points)
Replied 02 April 2023
What if ITC has been taken by mistake in this case for 18-19, but is corrected in annual only. What would be the repercussions?
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)