Excess Reversal of ITC

Dhaval Ramesh Gala (Article) (177 Points)

19 February 2020

How can we claim excess input reversed in GST Returns ??

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Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 19 February 2020

Report excess reverse amount under table 4 (A)(5) of GSTR 3b

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 19 February 2020

Your query is not cleared...!

Dhaval Ramesh Gala (Article) (177 Points)
Replied 19 February 2020

I have reversed excess ITC in September 2019 of Input which pertains to FY 2018 2019. Can that input reversed be claimed back again ?

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 19 February 2020

As per my view "NO". That's not available...
Wait on further reply from our CCI Experts...

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Alpesh Suthar (56 Points)
Replied 19 February 2020

No, You can not claim credit as per section 16(4)

Sivaramaraju G (Learner) (2398 Points)
Replied 20 February 2020

Due date for the year 18-19 to claim credit is over, so you can't take back what you have reversed.

Dhaval Ramesh Gala (Article) (177 Points)
Replied 20 February 2020

Can the same be rectified in GSTR 9 ??

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 20 February 2020

Yes... Show Your actual transactions.

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