Wrong credit taken
Vivek soni (Student) (122 Points)
17 March 2018
What if a person had taken excess credit by mistake in the month of january. What to do now?
4 Replies
achuth menon
(274 Points)
Replied 17 March 2018
issue debit note in the return of the month the defect was identified and reverse the credit and pay interest as per section 50 from the 21st of january till the return for the relevant month the defect is identified and filed
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 17 March 2018
Rate of intt. is 24% in case excess ITC wrongly avail
lokhande mahadev
(99 Points)
Replied 17 March 2018
You can modified in return gstr-3
it is only gstr-3b
it is only gstr-3b
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