ITC accumulated where to reverse

my client is trader of fresh fruits all supplies are exempted now ITC of shipping and services accumulated in book Rs 3 lacs which is not utilised any time now where and which section I reverse the ITC and interest is payable or not
if I not utilised any time
Replies (4)
Quick Summary
This discussion addresses how a fresh fruit trader can reverse accumulated Input Tax Credit (ITC) amounting to Rs 3 lacs, which has gone unused. The advice suggests reversing the ITC directly in the 3B returns. For ITC accumulated up to March 2024, a separate reversal via DRC-03 for each year is recommended, referencing rules 42 and 43 of the CGST rules. Importantly, interest is generally not payable on ITC that has not been encashed.

Utilize input tax credit
Reverse through 3B in returns itself.
for ITC accumulated untill March 2024, reverse through DRC 03 by filing separately for each year.

rule 42 and 43 of CGST rules. Interest not payable as ITC is not encashed 

Thank u so much

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