Introducing Electronic Credit Reversal and Reclaimed statement

Goods and Services Tax – GST Dated:- 1-9-2023 – News – Vide Notification No. 14/2022 Central Tax dated 05th July, 2022 (read with circular 170/02/2022-GST, Dated 6th July,2022 ), the Government introduced certain changes in Table 4 of Form GSTR-3B so as to enable the taxpayers in reporting correct information regarding ITC availed, ITC reversal, ITC re-claimed and ineligible ITC. The re-claimable ITC earlier reversed in Table 4(B)2 may be subsequently claimed in Table 4(A)5 on fulfilme

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