ITC column in GSTR3B

[Pawan Bansal]

Dear Professional,

We know that there is a ITC column ABCD in GSTR 3B ;

There is a ITC of Rs.6 lacs which is ineligible and also there is a ITC of Rs.5 lacs which is eligible.

We showed eligible ITC of Rs.5 lacs in column A and ineligible ITC of Rs.6 lacs in column D in GSTR 3B for Feb 19

now when we checked  GSTR-3B for feb19 , under ITC column as total ,there was negative figure of Rs.1 lac was showing.

May be one of the cause that we have not shown the ineligible ITC in Column A.

are we supposed to show ineligible ITC  in column A which is  ITC available column???

should we show ineligible ITC in GSTR 3B for Mar 19 in column A to take such credit??? 

please guide .

 

--

Regards

CA Pawan Kumar Bansal

M: +91 9051453443

[Praveen Pote]

Hi,

Ineligible ITC is a deduction from total ITC availed. Hence, please show Rs. 11 lacs under "ITC Available" and Rs. 6 lacs under ineligible ITC. Hope this helps.

Best,

CA Praveen