RECLAIMING ITC WHICH WAS REVERSED UNDER TABLE 4(B)(2) IN PREVIOUS MONTHS

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This query is : Resolved

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This discussion addresses how to reclaim Input Tax Credit (ITC) that was reversed in a previous month's GSTR 3B return under Table 4(B)(2). The user had to reverse ITC because the original bill was missing but has since received it. The proposed solution is to add the reclaimable ITC amount to Table 4(A)(5) of the current month's GSTR 3B, effectively increasing the total ITC claimed for December.

Shalini RN

Shalini RN (Querist)

26 December 2023 We reversed ITC of Rs.4050/- under TABLE 4(B)(2) of GSTR3B during Oct-23 as we had not received the Original bill for the said ITC which was reflected in 2B. Now we have received original documents hence, we need to reclaim that. How to show this in Dec-23 3B so that we can avail the reversed ITC

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

27 December 2023 See the link.
https://acrobat.adobe.com/id/urn:aaid:sc:AP:3c27a144-5fd6-4e63-886b-e39de74f0516

Shalini RN

Shalini RN (Querist)

27 December 2023 So sir is that, I just need to add the reclaimable ITC amount in table 4(A)(5) to the current month's ITC total - i.e., if Dec-23 ITC is 30000 then i need to make it as 34050/-.

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