Wrongly availed ITc in 2018-19 - Now to Reverse in 3B or cash payment

[Narendra Soni]

During reconciliation of 2018-19, now we found that we have availed wrong ITC of some invoices, now please suggest - Can we reverse it in this months 3B or required to pay in cash in 9/9C.

AI Summary

Reversing Wrongly Availed ITC from 2018-19: Use DRC-03 for Electronic Credit Ledger Before Filing GSTR-9C A query was raised about reversing wrongly availed Input Tax Credit (ITC) from the 2018-19 period. The question was whether the reversal could be done in the current month's GSTR-3B or if a cash payment was necessary in GSTR-9/9C. The response advised that the reversal or payment could be made through the Electronic Credit Ledger using DRC-03 before filing GSTR-9C.