ITC Claim : Accept or Reject
RAJESH JAIN (34 Points)
20 July 2021Please clearly explain.
RAJESH JAIN (34 Points)
20 July 2021
Chartered Accountants ASPIRANT
(28 Points)
Replied 20 July 2021
CA Akshay Hiregange
(Partner - Audit & Assistance)
(4515 Points)
Replied 20 July 2021
Suggest you to disclose ineligible credits in table 4.B.2 (ITC reversal others) in GSTR 3B.
This would be a disclosure only, but helps the govt. identify its revenue.
E.vikas
(Articleship)
(54 Points)
Replied 21 July 2021
Hai Akshay I think that is not a case of reversal so it should be disclosed in table 4.D.2 not in tabe 4.B.2.
CA Akshay Hiregange
(Partner - Audit & Assistance)
(4515 Points)
Replied 21 July 2021
Yes if credit not claimed and only a disclosure then 4.D.
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