EXCESS REVERSAL OF ITC 19-20

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74 Points Posted on 13 April 2021
as per 3b we have REVERSE the excess itc claim but while filling annual return we came to know know that we have REVERSE the excess itc.
can we claim the excess itc wrongly reversed after the September month for FY 19-20
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On 13 April 2021 at 16:18 Report
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Quick Summary
This discussion clarifies whether excess Input Tax Credit (ITC) that was reversed for the financial year 2019-20 can be claimed back after the September deadline. The consensus is that once ITC is reversed, it cannot be reclaimed after this cut-off date, even if the reversal was made in error during the annual return filing.

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24588 Points Posted on 13 April 2021
No you cannot claim the excess ITC which was reversed after September
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On 13 April 2021 at 17:17
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1388 Points Posted on 13 April 2021
No , can't claim
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On 13 April 2021 at 17:59

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