Input itc wrongly claimed reverse using GSTR 3B outward sales

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Accounts
29 Points Posted on 17 December 2023
Hi
input itc wrongly claimed and reversed using output column of GSTR3B but, tax authorities issue notice on such wrong ITC claimed.

How to resolve this demand notice ?

Any HC or SC decision?
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On 17 December 2023 at 20:49 Report
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Quick Summary
This discussion addresses the issue of input tax credit (ITC) wrongly claimed and subsequently reversed in GSTR-3B, but still attracting notices from tax authorities. The advice suggests gathering detailed reconciliation reports to present to the department. If any tax liability arises from this, it should be paid via DRC-03 along with applicable interest to resolve the notice.

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33 Points Posted on 17 December 2023
Reclaiming ITC witch was reversed in 3B,
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On 17 December 2023 at 22:21
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Accounts
29 Points Posted on 18 December 2023
Actually it will happen on PY 2020-21 notice received on PY 2023-24
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On 18 December 2023 at 21:58
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TAX CONSULTANT
173 Points Posted on 22 December 2023
As per my opinion. first of all you have ready the details and show to the department and of any tax liability aries through this reconciliation then pay through Drc03 with interest and close the notice...
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On 22 December 2023 at 14:29

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