9911796707
TMI BlogInput tax credit queryX X X X Extracts X X X X X X X X Extracts X X X X ..... Input tax credit query X X X X Extracts X X X X X X X X Extracts X X X X ..... in the return filed for the subsequent tax period. Actually you can correct it up to the return filed for the month of September following the end of the financial year in which such error occurred. Reply By KASTURI SETHI: The Reply: Yes. You can reverse ITC wrongly taken in Table No.4 Serial No. B (2) under the head 'Others' of GSTR-3B in the next month or thereafter before the return f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or September next year as advised by Sh.Ranganathan, Sir. Reply By Ganeshan Kalyani: The Reply: There is no provision for revising the return. The only way out is to rectify them in subsequent month's return. As stated by Sri Kasturi Sir the amount to be reversed can be shown in table 4(B)(2) of GSTR-3B and the same amount (as you wanted to show as RCM) can be shown in table 4(A)(3). Or if i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t happens to have fresh ISD credit in next month you can shown less of the amount already shown as ISD. Reply By YAGAY andSUN: The Reply: In subsequent month's return can be rectified to correct such inadvertent mistakes. Reply By CSSANJAY MALHOTRA: The Reply: If the time period for availing/ rectification ITC has been expired for e.g FY 17-18 or 18-19 transaction than state the figure und ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er correct heading in Table 6 of GSTR-9 (if applicable). X X X X Extracts X X X X X X X X Extracts X X X X
|
