do we need to file DRC 03 for reversals of ITC during GSTR 9 filling?
example :
ITC claimed through GSTR 3B - Rs. 500.
Eligible ITC (GSTR 2A) - Rs. 400
ITC availed in GSTR 9 - Rs.400
thus
ITC reversed - Rs. 100.
do i need to reverse ITC of Rs. 100 by DRC 03?
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GST ITC reversal in GSTR 9
Replies (3)
Yes, Reverse the ITC through DRC-03.
@ Shivani,
What about GSTR 2b...??!
What about GSTR 2b...??!
Yes but first verify ITC available as per GSTR 2b as well. If you are required to pay any additional tax/reversal after filing GSTR 9, it can be made using GST DRC-3.
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