Advisory: Date extension for reporting opening balance for ITC reversal

Goods and Services Tax – GST Dated:- 29-12-2023 – News – Advisory: Date extension for reporting opening balance for ITC reversal Dated:- 29-12-2023 – 1. In order to facilitate the taxpayers in correct and accurate reporting of ITC reversal and reclaim thereof and to avoid clerical mistakes, a new ledger namely Electronic Credit and Re-claimed Statement was introduced on the GST portal. This statement was made available to help the taxpayers in tracking their ITC that has been reversed in Ta

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