Notice to reverse the ITC till March 2021

Avinash Jeevan Dsouza (Assistant In Charge Accountant)   (3283 Points)

03 December 2021  

Notice to reverse the ITC till March 2021

We have received the notice from the GST office to reverse the ITC up to 19 lakhs from July-17 to Mar 21. As per their notice we have a shot reverse of the ITC to the extent of Rs 19.10 Lakhs.Same requested to reverse immediately under DRC-03.

Please guide us how to reverse the same for FY 2020-21.