ITC Reversal in GSTR-3B

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58 Points Posted on 22 October 2020
can we Revers ITC using input credit or only have to pay in cash
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On 22 October 2020 at 14:54 Report
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Quick Summary
This discussion clarifies how to reverse Input Tax Credit (ITC) when filing your GSTR-3B. The consensus is that you can indeed use your available input credit to offset the reversal, rather than needing to pay the amount in cash. This offers a more flexible approach to managing your tax liabilities.

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840 Points Posted on 22 October 2020
No need to reverse by cash.. you can adjust through input available
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On 22 October 2020 at 16:39
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58 Points Posted on 22 October 2020
Ok thanks
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On 22 October 2020 at 20:15

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