ITC reversal of ITC claimed by mistake

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36 Points Posted on 06 July 2021
Dear sir/madam

Which cell of gstr 3b(table 4) to be filled for ITC reversal of ITC claimed by mistake and also for ITC of goods used for personal use?
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On 06 July 2021 at 19:16 Report
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This discussion clarifies how to correctly reverse Input Tax Credit (ITC) that was claimed in error or for goods used for personal consumption. The advice given is to use the 'ITC reversal others' option within Table 4 of the GSTR 3B return for both scenarios. This ensures accurate reporting and compliance with GST regulations.

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GST Consultant
15986 Points Posted on 06 July 2021

Use ITC reversal others.............

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On 06 July 2021 at 19:59
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36 Points Posted on 20 July 2021
Thank you sir...and for ITC of goods used for personal use
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On 20 July 2021 at 12:03
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GST Consultant
15986 Points Posted on 20 July 2021

For both use reversal others only

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On 20 July 2021 at 12:21

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