Recovery of wrongly availed input tax credit: reverse through GSTR 3B and discharge interest and penalty accordingly. Recovery of wrongly availed input tax credit and inadmissible transitional credit is to be treated as a state tax liability payable from the electronic credit or cash ledger; where portal functionality for the Electronic Liability Register is unavailable, taxpayers may reverse such credits via Table 4(B)(2) of Form GSTR 3B and pay applicable interest and penalty through column 9 of Table 6.1 of Form GSTR 3B.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Recovery of wrongly availed input tax credit: reverse through GSTR 3B and discharge interest and penalty accordingly.
Recovery of wrongly availed input tax credit and inadmissible transitional credit is to be treated as a state tax liability payable from the electronic credit or cash ledger; where portal functionality for the Electronic Liability Register is unavailable, taxpayers may reverse such credits via Table 4(B)(2) of Form GSTR 3B and pay applicable interest and penalty through column 9 of Table 6.1 of Form GSTR 3B.
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