If All other ITC value showing negative in GSTR 3B then how to resolve it in Marg Software ?

Home > Margerp > Gstr 3b > If All other ITC value showing negative in GSTR 3B then how to resolve it in Marg Software ?

1414

Ans.1

In GSTR 3B if All other ITC amount showing negative than this issue can be resolved in Marg Software.

Cause:

Negative All other ITC amount show only if the Purchase Return is more than similar Period of purchase.

Solution:

In this case user can simply adjust the excess IGST credit with output liability of IGST, CGST and SGST and accordingly submit GSTR 3B.

Submit Feedback