ITC REVERSAL QUERY ??

Utsav Patel (3 Points)

05 October 2020  

I took ITC claim of Rs.904 in FY2017-18. Though it was ineligible but I was not aware of it. As a result, I didn't report the same in GSTR9 of FY2017-18.

Later I realised it and reversed it in GSTR3B of March-2019.

As I didn't mention about it in GSTR9 of FY2017-18, IS IT TRUE THAT I HAVE TO PAY THE SAME VIA DRC-03 FOR FY2017-18  ??

If I have to pay it via DRC03 for FY2017-18, What should I do about the Reversal which I made in GSTR3B of March-2019 ? ( Should I believe here that I accidentally REVERSE the GENUINE ITC of FY2018-19 ??)