Tag Archives: how to reverse excess itc claimed in gstr 3b

How to Reverse Incorrect Input Tax Credit ?

By | April 21, 2019

We have taken incorrect Input Tax Credit in the month of April 18. Now on our own we have identified the same. 1. How should we pay it – Through ITC reversal in GSTR 3B or by filing DRC 03? 2. Is is mandatory to file DRC 03 only for voluntary payment? 3. If we… Read More »