during the year 2017-18 not shown FDR interest in GSTR-3B and gstr-1 but now if I show FDR interest in exempt supply in GSTR-9, reversal ITC u/s 42 required or not, if I not shown in gstr-9.
please any one clarify
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ITC REVERSEL REQUIRED IF I SHOW FDR INTEREST IN GSTR-9
Replies (2)
good clarification and information
No , not required to Reverse.
As per. Notification 3/2018 CT , it's exempted & not required to reversal in term of rule 42
As per. Notification 3/2018 CT , it's exempted & not required to reversal in term of rule 42
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