In my case I had shown less IGST input credit in Return of Aug 2017...And now as per rules any difference of ITC is to be shown in GSTR 3B of Sep 2018..Please guide me whether it us simply to be added in IGST Input Credit..
Moreover in another case I have shown excess ITC credit..how it is to be reversed in Sep 2018 GSTR 3 B...IT IS to ve deducted through item as per rule 42 ,43 of CGST rules or in Others colum...Please guide...
4 Replies
Prem Kewalramani
(292 Points)
Replied 21 October 2018
But deduction where is to be shown in ITC reversed others colum or CGST rules 42/43 head...
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 21 October 2018
To increase the ITC you missed to show earlier, Add it to your to Total ITC of September & To decrease , decrease from Total ITC of of sept month
For Eg.
suppose your total ITC for sept month is 100 & ITC to increase is 50 & to Decrease 25, then show net ITC for sept 125/- (100+50-25=125/-)
For Eg.
suppose your total ITC for sept month is 100 & ITC to increase is 50 & to Decrease 25, then show net ITC for sept 125/- (100+50-25=125/-)
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