Claiming of wrongly reversed ITC after last due date for claim.

This query is : Resolved

M Sairam (Querist)
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07 January 2023 Dear Experts,

My colleague reversed in Sept'21 an ITC of 3,04,402(double the actual) instead of 1,52,201 on account of an unmatched ITC with 2B. Later in the month of Mar'22, the reversal was 1,52,201 3rd time instead of reclaiming excess ITC reversed. Overall 3,04,402 overall excess ITC has been reversed as of today. Can we able to claim these ITCs even if the due date for claiming ITC is u/s16 has lapsed? Kindly provide me with supporting references. Thanks in advance.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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07 January 2023 Time limit for rectification of GST return ic 30th November of the following year or filing of annual return, whichever is earlier.

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Claiming of wrongly reversed ITC after last due date for claim.

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