Reversal of ITC claimed wrongly/Duplicate Entry

[Rajesh Purohit]

While filling GSTR-9 It has noticed that Some ITC availed wrongly (Duplicate Entry of few Invoices) and it has utilized also. Please guide how to reversed it along with interest. ( Here is note that mistake noticed by ourselves and want to rectify the same.) what is manner of reversal ? In GSTR 3B reversal will be adjusted with ITC, if after utilization now it has to be reversed in CASH then how?

[Padmanathan KV]

Post the correct ITC figures in Table 6B to 6H. There will be a negative difference in Table 6J to the extent of ITC wrongly availed by you.

This amount may be paid using Form GST DRC-03.

[DR.MARIAPPAN GOVINDARAJAN]

I endorse the views of Shri Padmanathan

[Ganeshan Kalyani]

If the reversal is done in GSTR-3B then accordingly need to furnish in GSTR-9 as payable and then paid.

[KALLESHAMURTHY MURTHY K.N.]

Dear Sir,

You have to discharge undue ITC utilised along with interest through DRC-03 while filing GSTR-9 or you can reverse in the next GSTR-3B or at a later stage but the interest is payable for the delayed period in cash through DRC-03.

[Shilpi Jain]

Suggested to pay through DRC-03 along with proper remarks in the DRC-03 that it is reversal of excess credit availed.

[Rajesh Purohit]

Thank you so much to all of you experts for taking the time to present the appropriate answer and solution to my question.

It was done accordingly

AI Summary

Reversing Wrongly Claimed Input Tax Credit: Correct Entries and Payment Through Form GST DRC-03 Explained A participant in a discussion forum raised a query about reversing wrongly claimed Input Tax Credit (ITC) due to duplicate entries in their GSTR-9 filing. Various experts advised that the correct ITC figures should be posted in specific tables, and the excess ITC should be paid using Form GST DRC-03. They emphasized the importance of paying any interest due for the period of undue ITC utilization. The participant thanked the experts for their guidance, indicating that the advice was followed accordingly.