ITC Reclaim Negative Balance
This query is : Resolved
23 July 2024
Dear Expert,
In Oct-23 I do have ITC reflecting in 2B, but that time I had filled Nil return.
But later I realized that I should have avail this ITC, then I had avail that ITC in May-24, entered additional detail in Table 4(B)(2).
Now my credit reversal and re-claimed statement showing negative balance.
What actions can be taken to resolve this issue ?
In Oct-23 I do have ITC reflecting in 2B, but that time I had filled Nil return.
But later I realized that I should have avail this ITC, then I had avail that ITC in May-24, entered additional detail in Table 4(B)(2).
Now my credit reversal and re-claimed statement showing negative balance.
What actions can be taken to resolve this issue ?
02 August 2024
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