This article explains how to correctly report Input Tax Credit (ITC) when it is claimed, reversed and reclaimed across different financial years under GST. Through three structured case studies, it clarifies where each credit entry should be reported in GSTR-3B, including situations arising within the same financial year, reclaimed ITC of previous years, and ITC reversed in FY 2024-25 but reclaimed in FY 2025-26.
Special focus is given to Rule 37/37A, its impact on reclaim eligibility, and how the Golden Rule determines whether ITC belongs to the current or previous year. A final summary table simplifies reporting in Tables 6B, 6H, 6A1, 7A-7H and 13 for quick compliance.
1. Case 1 - ITC Claimed, Reversed & Reclaimed in Same FY 2024-25
Example:
- Claimed: April 2024 - Rs 100
- Reversed: October 2024 (Rule 37 - payment not made within 180 days)
- Reclaimed: March 2025 (payment made)
Reporting:
- ITC Claim → Table 6B
- ITC Reversal → Table 7A to 7H (as applicable)
- ITC Reclaimed → Table 6H2.
Case 2 - ITC of FY 2023-24 Claimed & Reversed in 2023-24 but Reclaimed in FY 2024-25
A. Reclaimed in FY 24-25 for reasons OTHER than Rule 37/37A:
- Report in Table 6A1 (ITC of previous year)
- Not to be reported in Table 6H
B. Reclaimed due to Rule 37/37A (payment made later):
- Report in Table 6H
- Do not report in Table 6A1
3. Case 3 - ITC of FY 2024-25 Claimed & Reversed in 24-25, but Reclaimed in FY 2025-26
A. Reclaimed in FY 25-26 for reasons OTHER than Rule 37/37A:
- Claim in Table 6B (FY 24-25)
- Reversal in Table 7 (FY 24-25)
- Reclaim in Table 13 (FY 24-25) &Table 6A1 (FY 25-26)
B. Reclaimed in FY 25-26 due to Rule 37/37A (payment finally made):
- Claim in Table 6B (FY 24-25)
- Reversal in Table 7A/7A1 (FY 24-25)
- Reclaim in Table 6H (FY 25-26)
Golden Rule
ITC reclaimed under Rule 37/37A is treated as ITC of the year in which it is reclaimed. Always reported in Table 6H of that FY.
Summary Table
- Same FY claim-reverse-reclaim → 6B, 7A-7H, 6H
- Previous year ITC reclaimed → 6A1 or 6H depending on reason
- Reclaimed next year (non-Rule 37) → 13 (current FY) & 6A1 (next FY)
- Reclaimed next year (Rule 37/37A) → 6H (next FY)
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