A builder opted new rate of 5% without ITC but he has GST itc balance as on 31 March 2019. He reversed these ITC and charged off to profit and loss account.
Now how to show this reversal of ITC in GST return? can it be reversed through DRC-03?
A builder opted new rate of 5% without ITC but he has GST itc balance as on 31 March 2019. He reversed these ITC and charged off to profit and loss account.
Now how to show this reversal of ITC in GST return? can it be reversed through DRC-03?
CAclubindia
