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Gstr 3b ineligible itc on car service

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naresh

accountancy

56 Points Posted on 24 April 2023

Gstr 3b file Karte want jo itc car service ki hai ko kaise dikhana hai

All other itc ke figure main se less karke

Ya all other itc ko system populated rakhte hui niche reverse karni hai

Or kisi dusare tarike se

Please help

Replies (4)

Quick Summary

This discussion addresses how to correctly report ineligible Input Tax Credit (ITC) for car services on the GSTR 3B return. The consensus, supported by Circular No. 170/02/2022-GST, is to show the full ITC (eligible and ineligible) in Table 4(A) and then declare the ineligible portion separately in Table 4(B)(1). While rectifying such reporting errors can be tricky, if it doesn't impact the net tax liability, maintaining proper documentation for reconciliation during assessments is advised.

CA Altamush Zafar

GST Consultant

10402 Points Posted on 25 April 2023

Don't claim it in all other ITC.

CA SANDESH MAHIPAL

Practicing in GST and MSME

1149 Points Posted on 25 April 2023

For this, reference may be taken of Circular .170 / 02 / 2022- GST Dt. 06.07.2022 in which manner has been prescribed for filing of GSTR-3B and disclosure of ITC and other details.

As per this circular, one should show full amount of ITC (eligible and ineligible) in table 4(A) i.e. auto-populated data and ineligible ITC should be shown separately in table 4(B)(1).

Regards

naresh

accountancy

56 Points Posted on 25 April 2023

Sir

Should I reverse the amount of gst on car service in 4b(1) as ineligible itc us 17(5)

And what should I do if I have reduce amount from all other itc and ineligible amount reported in 4C(2)

How to rectify mistake in gstr 3b

CA SANDESH MAHIPAL

Practicing in GST and MSME

1149 Points Posted on 25 April 2023

It will be little tricky to rectify such errors. Since this is only reporting mistake which does not have any impact on your net tax liability, better keep reconciliation with you with proper documents which will be helpful at time of assessment.

Its my opinion, let's see what others say. Regards