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Input itc wrongly claimed reverse using GSTR 3B outward sales

shanmuga (Accounts) (29 Points)

17 December 2023

Hi
input itc wrongly claimed and reversed using output column of GSTR3B but, tax authorities issue notice on such wrong ITC claimed.

How to resolve this demand notice ?

Any HC or SC decision?

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3 Replies

Pandu Srimanthula (33 Points)
Replied 17 December 2023

Reclaiming ITC witch was reversed in 3B,

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shanmuga (Accounts) (29 Points)
Replied 18 December 2023

Actually it will happen on PY 2020-21 notice received on PY 2023-24

AJIT JAISWAL & ASSOCIATES (TAX CONSULTANT) (166 Points)
Replied 22 December 2023

As per my opinion. first of all you have ready the details and show to the department and of any tax liability aries through this reconciliation then pay through Drc03 with interest and close the notice...