Dear Sir,
for personal expenses & motor car repair
ex. (100 cgst , 100 sgst for personal expenses & motor car repair)
total itc 1000 (including 100 ineligible)
Regarding ineligible itc , is it mandatory to first avail show full gst in gstr3b table 4a (1000 in cgst) then show in ineligible itc (100 cgst)
or show net itc availed in table 4a (900 )
motor car repair itc we cannot avail
Thanks
Has to disclose ineligible ITC adding in 4(A)(5) "All other ITC" and reversing in 4(B)(1)"As per rules 38,42, and 43 of CGST Rules and sub-section (5) of Section 17".
Arpan Bohra & Co
Hyderabad
CA Inter
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CA Suraj Garg & Associates
New Delhi
CA Final
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CCI
Pro
CAclubindia
