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GST reversal of GST excess ITC taken
One of my client has taken ITC on manual basis in April month because his client has not filed the return in time (13 April ) which lead to non reflection in GSTR-2B.because of which he was required to pay 1.2lakh GST even thought Actully he was not required to pay gst. now in this month those bills are showing in gst 2B. how to reverse ITC in 3B or DRC-03?
Replies (2)
If it's showing in 2B, then no need to reversed ITC, and if not showing in 2B then u can reverse in next month under other reversal table of 3B
Reversal is not required, as you have already taken the ITC earlier, the reflection of those bills now in 2B does not matter for you.
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