GSTR-9 and ITC Reverse as per rules 42 or 43

In Table 7 of GSTR-9, you should report the ITC reversal in the "Others" section.

Here's why: - Rule 42 and 43 relate to ITC reversal for goods/services used for personal consumption, or for purposes other than business. -

Since you mentioned you don't avail ITC and reversed ITC in GSTR-3B, it's likely that the reversal is due to other reasons (e.g., incorrect availed ITC, or ITC on ineligible supplies).

 In this case, report the ITC reversal in the "Others" section of Table 7, as it doesn't fit into the specific scenarios covered under Rule 42 or 43.

 However, please consult a tax professional or GST expert to ensure you're meeting the necessary compliance requirements and accurately reporting the ITC reversal in GSTR-9.

In Table 7 of GSTR-9, you should report the ITC reversal in the "Others" section.

Here's why: - Rule 42 and 43 relate to ITC reversal for goods/services used for personal consumption, or for purposes other than business. -

Since you mentioned you don't avail ITC and reversed ITC in GSTR-3B, it's likely that the reversal is due to other reasons (e.g., incorrect availed ITC, or ITC on ineligible supplies).

 In this case, report the ITC reversal in the "Others" section of Table 7, as it doesn't fit into the specific scenarios covered under Rule 42 or 43.

 However, please consult a tax professional or GST expert to ensure you're meeting the necessary compliance requirements and accurately reporting the ITC reversal in GSTR-9.

Rule 42 and 43 reversals in GSTR-9 go into Table 7 - that is where you report ITC reversed during the year.

Rule 42 (inputs and services): applies when you have mixed supplies - taxable and exempt. Reversal formula: common ITC x (exempt turnover / total turnover).

Rule 43 (capital goods): same proportional logic, but computed over 60 months. Monthly reversal = total capital goods ITC / 60, then adjusted for exempt ratio.

In GSTR-9, Table 7 breakup:
- 7B: Rule 42 reversal on inputs and input services
- 7C: Rule 43 reversal on capital goods

Important: if the annual reversal per Rule 42 formula differs from the sum of monthly reversals done in GSTR-3B, pay the differential via DRC-03 before filing GSTR-9. The portal checks this.

For detailed ITC eligibility rules and reconciliation steps, see this [ITC eligibility guide](taxgarden.in/blog/gst-input-tax-credit-eligibility-gstr-2b-reconciliation).