TaxTMI 
TaxTMI 
Hi All,
At the time of filing GSTR-3B we have mistakenly claimed input as input received form ISD instead of RCM input
How to resolve above issue?
Input tax credit query
28 Apr 2020 
5 Replies 
1752 Views Asked by
Input Tax Credit correction: misclassified ISD credit can be rectified in subsequent returns by reversing and reclassifying under RCM.
Misclassification of ITC as ISD instead of RCM cannot be rectified by revising the filed GSTR 3B; instead reverse the wrongly taken ISD credit in Table 4(B)(2) of a subsequent month's GSTR 3B and declare the amount under Table 4(A)(3) as RCM, or offset it against fresh ISD credit if available. Corrections may be made up to the return for the month of September following the end of the financial year; if that period has lapsed, disclose the correct figures in Table 6 of GSTR 9. (AI Summary)
Misclassification of ITC as ISD instead of RCM cannot be rectified by revising the filed GSTR 3B; instead reverse the wrongly taken ISD credit in Table 4(B)(2) of a subsequent month's GSTR 3B and declare the amount under Table 4(A)(3) as RCM, or offset it against fresh ISD credit if available. Corrections may be made up to the return for the month of September following the end of the financial year; if that period has lapsed, disclose the correct figures in Table 6 of GSTR 9. (AI Summary)