Electronic credit reversal and re claimed statement on GSTN

The Government has notified certain changes in Table 4 of Form GSTR-3B to enable taxpayers in reporting correct information regarding ITC availed, ITC reversal, ITC re-claimed and ineligible ITC vide Notification No. 14/2022 – Central Tax dated 05th July, 2022 (read with circular 170/02/2022-GST, Dated 6th July,2022).

Here government ensure that the transparency in taxation system . This will going to play critical role in taxation .

To know more click the link :- itc_pending_ledger (2)