I have filed my March 2019 return in November, so I have received notice for reversal of input tax for the month of March...
I have already paid late fees for the particular month...
do I need to reverse the ITC , the officer is Telling me to pay the tax in DRC 3 along with interest for the month from March to December 2019....
kindly help me
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Non availment of ITC within time limit sec 16(4) of cgst act
Replies (6)
Its industry problems all who taken ITC Getting notices
Sir what is the solution for this?
If ITC was claimed correctly no need to reverse, you may respond quoting relevant sections, However you have crossed the period as time limit has expired.
please check if the credit is appearing in your credit ledgers in the month of March or in the month of November
please check if the credit is appearing in your credit ledgers in the month of March or in the month of November
Can we use sec 41&42
| Originally posted by : Vinay Samuel Nandihal | ||
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Sir what is the solution for this? |  |
As per GST act No more solution except officer's satisfaction with their power...
Otherwise You will reverse the ITC with interest for March-19. No need to Reverse Apr-Dec2019.
September 2020 ITC, FILING IN THE MONTH OF SEPTEMBER 2021 ON 11-10-2021, BUT SHOW IN SEPTEMBER 2020, only shows September 2021, why
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