Wrong Itc availed

17 March 2020

Wrongly taken Itc under head igst. How to rectify the mistake as purchase is only from within state

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4 Replies

yash (accountant) (519 Points)
Replied 17 March 2020

REVERSE THE ITC TAKEN IN IGST IN 3B AND TAKE ITC IN C/SGST

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CA Naveen Chand (Chartered Accountant) (12729 Points)
Replied 17 March 2020

reverse in GSTR_3B

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 17 March 2020

Reverse the wrongly claimed ITC with interest...
Show the tax amount correctly as per Tax invoices...

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Spurto Consultancy Services (Consultant) (1891 Points)
Replied 17 March 2020

Reverse the amount wrongly claimed as ITC in next month GSTR 3B. Avail the correct ITC in the GSTR 3B.

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