Dear sir/ madam,
From 1.4.2018 i was opted to composition scheme, but i forgot to reverse the ITC in form ITC 03. Now this form is not displaying.
How can i reverse the ITC now?
As per sub Rule (3) of Rule 3 CGST Act you are liable to file ITC 03 Within 60Days . so it's better you contact to your jurisdiction tax officer .
Note : Can reverse your ITC by Filing DRC 03 also.
CAclubindia
