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ITC GSTR2B
A bill is showing in gstr2b and we as a recipient haven't purchased anything from him So how to reverse it in gstr3b??
Replies (5)
If you had already claimed the ITC on such invoice then you can reverse it, else you can avoid claiming ITC on such invoice.
Should we decrease itc in Column4a(5) (all other itc) which is showing extra itc ??if we haven't claimed it ..
The Table 4A(5) All other ITC is auto-population from Form GSTR-2B. If the same is not in our purchase register, reverse the same under Table 4B(2) Others.
Say, in future if it is realised that the reversed ITC is actual to be claimed, then we can claim again under Table 4A(5) and disclose the same under Table 4D(1) ITC reclaimed which was reversed under Table 4B(2) in earlier period subject to section 16(4).
But that is not the case it is a mistake bill by supplier and we haven't purchased from him
Then the value which is auto-populating Table 4A(5) let is be and reverse under Table 4B(2).
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