Wrong credit availed in Excise how to reverse the same in GST?
Query (Issue) Started By: – Yatin Bhopi Dated:- 23-4-2018 Last Reply Date:- 30-4-2018 Goods and Services Tax – GST
Got 6 Replies
GST
We have wrongly availed excise duty credit in the month of May 2017 and same has been reflected in May 17 ER-1. now we want to reverse the wrong credit.
\nI tried to reverse the credit in GSTR-3B in table 4, under column B, ITC reversed 2) Others. I inserted reversible amount in CGST column (since Trans Credit pertaining to excise and service tax had been reflected in CGST. but when I input figure in CGST, portal automatically posting the same figure in SGST column and not allowing to delete figures in SGST due to this reversible figure<\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Wrong credit availed in Excise how to reverse the same in GST? Query (Issue) Started By: – Yatin Bhopi Dated:- 23-4-2018 Last Reply Date:- 30-4-2018 Goods and Services Tax – GSTGot 6 RepliesGSTWe have wrongly availed excise duty credit in the month of May 2017 and same has been reflected in May 17 ER-1. now … Continue reading “Wrong credit availed in Excise how to reverse the same in GST?”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-11535","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/11535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11535"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/11535\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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