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Capital input not taken

ITC / Input 600 views 13 replies
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170 Points Posted on 13 December 2019
If Capital goods input credit not taken then input amount (i.e. not taken ) GSTR3B can mentioned?
If mentioned where i can mention in gstr3b column.
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On 13 December 2019 at 20:28 Report
Replies (13)
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"Do the Right Thing...!!!"
128147 Points Posted on 13 December 2019
Not taken means "Are You missed" or "Don't want to claim "
which ine
463 Reply
On 13 December 2019 at 20:40
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170 Points Posted on 13 December 2019
Don't want claim it input tax credit
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On 13 December 2019 at 20:43
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Manger Accounts & Finance
363 Points Posted on 13 December 2019
If you don't want take ITC then no any requirement in showing GSTR3B.
1 Reply
On 13 December 2019 at 21:42
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Student
23688 Points Posted on 13 December 2019
Not required to show it in GSTR-3B
97 Reply
On 13 December 2019 at 22:39
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Advocate and GST Practitioner
245 Points Posted on 14 December 2019
If it is reflecting in your 2A, then reverse in 3B. otherwise no need to show in 3B.
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On 14 December 2019 at 00:21
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jamshedpur
4104 Points Posted on 14 December 2019
If it's reflecting in 2a...ignore it
donot show in gstr 3b
show as ineligible in annual return
3 Reply
On 14 December 2019 at 05:47
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"Do the Right Thing...!!!"
128147 Points Posted on 14 December 2019
Reverse the ITC of You don't want claim...
463 Reply
On 14 December 2019 at 07:47
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GST Practitioner
55067 Points Posted on 14 December 2019
If it's reflected in 2A , then you must report the same Under Reversal table 4(d)(2).
301 Reply
On 14 December 2019 at 18:38
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GST Practitioner & Accounts
15085 Points Posted on 14 December 2019

@ Pankaj 

  If  we received  Invoice  late .for i.e  ,Invoice  for the month of  April  received   in July  ,so  can we   show  in July  GSTR3B  in table 4(d)(2) Ineligible  ITC ?  or what  is  time limit   ,CGST  act section  reference .please reply 

24 Reply
On 14 December 2019 at 20:16
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170 Points Posted on 14 December 2019
If ineligible ITC wrongly Input credit taken then how can reverse 4 (d) 2 column and if damage stock or employee welfare expenses how can reverse
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On 14 December 2019 at 21:10
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40 Points Posted on 15 December 2019
Show it in ineligible credit in GSTR-3B
1 Reply
On 15 December 2019 at 06:55
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GST Practitioner
55067 Points Posted on 15 December 2019
Dear Prasad Niugal
Yes you can........
As in particular case the Taxpayer has not avail the ITC & just to setoff the excess ITC being reflected in 2A .

as per Section 16(3) where the taxpayer has claimed the depreciation on Tax component of the cost of capital goods, the ITC shall not be allowed.

Hence , even though if the Taxpayer not reverse the same , it hardly matter. Infact the taxpayer should always ask for B2C invoice on which ITC not be claimed
301 Reply
On 15 December 2019 at 21:29
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Profession Business
28207 Points Posted on 16 December 2019
A taxable person as defined in gst act has very distinctly defined that a composition dealer cannot claim itc.
44 Reply
On 16 December 2019 at 07:16


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