ACHYUT SHARAD LOHAR asked 7 years ago
GST Audit
SIR
I WANT TO KNOW THAT AFTER CLOSING FINANCIAL ACCOUNT
WE HAVE OBSERVED THAT THERE IS EXCESS CREDIT OF GST ITC
WHICH WAS ACTUALLY NOT TAKEN BY US WHILE FILING OF RETURNS
BUT WHAT WILL BE EFFECT OF EXCESS ITC AVAILABLE IN BOOKS
HOW IT WILL BE RECTIFIED ON PORTAL / CREDIT LEDGERS.
1 Answers
Deepak Bholusaria, CA answered 7 years ago
Any credit not taken in FY 2017-18 can be availed till September 2018 return filing.
