ITC on car claimed how to reverse this amount
This query is : Resolved
Quick Summary
10 February 2022
Sir/Mam,
in May 2021 we claimed ITC on Car in GSTR3B Return, now we received call from GST office it is ineligible reverse it.we have ITC Credit in Credit ledger till now we have not used this ITC
They informed reverse it through DRC03 ,
GSTR3B this month return we can reverse this CAR ITC
Plz advise which is correct
Thanking you,
in May 2021 we claimed ITC on Car in GSTR3B Return, now we received call from GST office it is ineligible reverse it.we have ITC Credit in Credit ledger till now we have not used this ITC
They informed reverse it through DRC03 ,
GSTR3B this month return we can reverse this CAR ITC
Plz advise which is correct
Thanking you,
CA R SEETHARAMAN
(Expert)
10 February 2022
Reverse it through GSTR3B this month return as ITC not utilised.
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