How can we claim excess input reversed in GST Returns ??
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Quick Summary
This discussion addresses the possibility of reclaiming excess Input Tax Credit (ITC) that was incorrectly reversed in GST returns. The consensus is that once ITC for a financial year has been reversed and the due date for claiming credit has passed (as per Section 16(4)), it generally cannot be reclaimed. However, it may be possible to show the actual transactions and rectify such errors in the GSTR 9 annual return.