Hello,
While filing GSTR3B, I'm unable to fill out 4(B)(2) where we reverse ITC.
that field is turning red and showing warning message about 10% ITC.
Why you want to reverse ?.
5 Replies
Chirag Mehta
(41 Points)
Replied 22 January 2021
In last return I claimed ITC for those invoices whose ITC was claimed already. therefore I need to reduce ITC to match with books.
Vineeth Mohan
(15 Points)
Replied 22 January 2021
Just reduce the amount of IPT claimed for the month by the amount of excess ITC claimed in the last month.
Vineeth Mohan
(15 Points)
Replied 22 January 2021
Asking the taxpayers to claim the amount reflected in GSTR-2B only itself is wrong.
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