Avinash Jeevan Dsouza (Assistant In Charge Accountant) (3284 Points)
03 December 2021Notice to reverse the ITC till March 2021
We have received the notice from the GST office to reverse the ITC up to 19 lakhs from July-17 to Mar 21. As per their notice we have a shot reverse of the ITC to the extent of Rs 19.10 Lakhs.Same requested to reverse immediately under DRC-03.
Please guide us how to reverse the same for FY 2020-21.
Rajendra Prasad
(Employee Private)
(1833 Points)
Replied 03 December 2021
Notice involved huge amount of Tax. Instead of asking question like these platforms, better to take service of an Expert.
Avinash Jeevan Dsouza
(Assistant In Charge Accountant)
(3284 Points)
Replied 03 December 2021
Those are not the actual figures. This portal will help to get the expert advice. When we ask question it will help one or the other.
CA ABHAY GUPTA
(Practice)
(3230 Points)
Replied 03 December 2021
CA Altamush Zafar
(GST Consultant)
(15916 Points)
Replied 03 December 2021
For reply of notices and payment of demand take professional advice
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