dear friends
my query is how to reverse GST ITC in case of builders and where to disclose in GSTR-3B.
Menu
GST ITC REVERSAL- BUILDER
Replies (5)
If you are not eligible for ITC show in Table 4(B)(1).
sir, whether we have to first report 4(A)(5) And then reverse in 4 (B)(1)..Pls confirm
Why reversal has to be made???
we are construction busineess and we opted 5% GST
Yes exactly you have to show in Table 4A(5) and has to reverse in Table 4B(1).
Recent Threads
- Consortium Partnership: GST and TDS query
- Luxury premium car - Lease or Loan
- Income tax act 40 A (3)
- Transmission of deceased's shares in physical form
- Shall I pay GST payment for unkonwnly cancelled in
- Error in GSTR1 filing for October 25
- Inverted Rate structure .
- Exemption to be climed
- GST TDS u/s 51 Applicability on RBI and it's subs
- Time allowed to buy another asset
Related Threads
CAclubindia
