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ITC GSTR2B

KARTIK SAHORE (19 Points)

19 January 2023

A bill is showing in gstr2b and we as a recipient haven't purchased anything from him So how to reverse it in gstr3b??

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CA Kushwanth AVSR (CA in Practice CMA by Qualification) (1593 Points)
Replied 20 January 2023

If you had already claimed the ITC on such invoice then you can reverse it, else you can avoid claiming ITC on such invoice.

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KARTIK SAHORE (19 Points)
Replied 20 January 2023

Should we decrease itc in Column4a(5) (all other itc) which is showing extra itc ??if we haven't claimed it ..

Sneha Latha (Senior Assistant) (218 Points)
Replied 20 January 2023

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).