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ITC reversed by a dealer which we have not claimed earlier.

This query is : Resolved 
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(Querist)
19 May 2025 Hello,

During the month of January-2025, some dealer generated a bill in our Company name and uploaded it in their GSTR-1. We didn't purchased the items and not received the bill. We didn't claim the Input Credit of Rs.7200/- despite it is shown in GSTR-2B. Now during the month of April-2025, they reversed bill which is reflecting in our GSTR-2B. Our actual IGST credit for the month of April-2025 is Rs. 65700/-. But in our GSTR-3B the IGST credit available is Rs. 58500/- ( 65700-7200). Now what is procedure to reconcile this in my books and GSTR-3B.
Regards
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CS Advocate Abhishek Goyal

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CS Advocate Abhishek Goyal (Expert)
02 June 2025 Since you earlier not claimed this bill you need not reverse in 3B you can claim the entire ITC as per books without deducting this credit note.
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