RECLAIMING REVERSED UTC UNDER 17(5)


This query is : Resolved 

Quick Summary
If you've mistakenly reversed eligible Input Tax Credit (ITC) under Section 17(5) of the GST law, you can indeed reclaim it. This process is straightforward and allows you to recover the credit you're entitled to.

(Querist)
25 June 2024 Hi sir, I have mistakenly reversed the eligible ITC under 17(5). Is it possible to reclaim that?

27 June 2024 Yes, reclaim it no problem.

Mahesh S M (Querist)
27 June 2024 Thank you sir for your reply

27 June 2024 You are welcome..
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