TaxTMI 
TaxTMI 
Our Total Turnover is exempted, by mistake every month we are accumulating our input itc in electronic credit ledger with out reversing as per CGST Rule 42&43.Now in our books we transferred itc ledgers amount to expenditure. but how to reverse credit in electronic credit ledger to tally with our books.
ELECTRONIC CREDIT LEDGER-REG
19 Jul 2018 
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Reversal of input tax credit: use GSTR 3B Table 4(B)(1) to debit the electronic credit ledger when turnover is exempt.
Accumulated ITC held in the electronic credit ledger despite exempt turnover must be reversed by reporting the reversal in GSTR 3B-adding the amount to outward liability and recording it in Table 4(B)(1) (or Table 4(B)1/2)-which debits the electronic credit ledger; where GSTR 2 is not filed, these details are furnished in GSTR 3B so tax records reconcile with accounting entries. (AI Summary)
Accumulated ITC held in the electronic credit ledger despite exempt turnover must be reversed by reporting the reversal in GSTR 3B-adding the amount to outward liability and recording it in Table 4(B)(1) (or Table 4(B)1/2)-which debits the electronic credit ledger; where GSTR 2 is not filed, these details are furnished in GSTR 3B so tax records reconcile with accounting entries. (AI Summary)