Sir we have claimed 50lacks more ITC in Feb-18 month 3b return by mistekenly. we have not filled the return. Please tell me how to reverse the extra input claimed and is there any penalty for wrong claimed input.??
its assume that u might not have input of 50lac to adjust in next month , so Ur credit ledger would be showing u a huge credit, so it's my opinion do the following 1. register Ur complain to Helpdesk 2. Go & contact to Ur jurisdiction officer 3. if u find helpless even gone through above 2 point , plz reverse in table 4 under row Reverse ITC 'others' ( this is my opinion may differ by other expert) , because 3b not accept value in minus