Reversal of ITC claimed wrongly/Duplicate Entry, Goods and Services Tax - GST

[Rajesh Purohit]

While filling GSTR-9 It has noticed that Some ITC availed wrongly (Duplicate Entry of few Invoices) and it has utilized also. Please guide how to reversed it along with interest. ( Here is note that mistake noticed by ourselves and want to rectify the same.) what is manner of reversal ? In GSTR 3B reversal will be adjusted with ITC, if after utilization now it has to be reversed in CASH then how?

Posts / Replies

[Padmanathan Kollengode]

Post the correct ITC figures in Table 6B to 6H. There will be a negative difference in Table 6J to the extent of ITC wrongly availed by you.

This amount may be paid using Form GST DRC-03.

[DR.MARIAPPAN GOVINDARAJAN]

I endorse the views of Shri Padmanathan

[Ganeshan Kalyani]

If the reversal is done in GSTR-3B then accordingly need to furnish in GSTR-9 as payable and then paid.

[KALLESHAMURTHY MURTHY]

Dear Sir,

You have to discharge undue ITC utilised along with interest through DRC-03 while filing GSTR-9 or you can reverse in the next GSTR-3B or at a later stage but the interest is payable for the delayed period in cash through DRC-03.

[Shilpi Jain]

Suggested to pay through DRC-03 along with proper remarks in the DRC-03 that it is reversal of excess credit availed.

[Rajesh Purohit]

Thank you so much to all of you experts for taking the time to present the appropriate answer and solution to my question.

It was done accordingly