Input Tax Credit Reversal

This query is : Resolved 

Quick Summary
If you mistakenly claimed Input Tax Credit (ITC) for the financial year 2023-24, you can reverse it. The deadline for this reversal is the GST return filing for October of the following financial year. After this date, the reversal will no longer be possible.

21 November 2025 Input tax credit of FY 2023-24 was taken by mistake
can it be revered now in GST returns ?

21 November 2025 Yes, on or before filing October return of next FY.

24 November 2025 means till Oct 24 gst return correct ?
afterwards cannot be reversed ?

24 November 2025 Yes...
Correct...


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details
Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details