Sir,
1) CGST transitional credit takin in 'ALL OTHER ITC' in GSTR -3B in July 2017 as the trans-1 form was not available
2)CGST credit rightly taken in FORM TRANS-1 in October 17.
3) CGST transitional credit was reversed in FORM GSTR 2 as there was double availment of credit but the system is not reflecting the reversal.
4) Problem :CGST balance is double and we are unable to use SGST balance to pay IGST without utilizing CGST.
5) Shall we again reverse the transistional credit in 3B for the month of DEC' 2017.
Kindly guide.
4)
User Faces Double CGST Issue Due to GSTR-3B Error; Advised Rectification by Dec 27, 2017 to Correct Ledger A user raised a query regarding CGST transitional credit issues, noting that credit was initially taken in 'ALL OTHER ITC' in GSTR-3B in July 2017 due to the unavailability of the TRANS-1 form. The credit was correctly claimed in October 2017, but a reversal in FORM GSTR 2 led to a double CGST balance, preventing the use of SGST to pay IGST. Respondents advised reversing the credit in GSTR-3B to correct the electronic credit ledger, with a deadline for rectification by December 27, 2017. (AI Summary)
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