TaxTMI 
TaxTMI 
Hi, if the registered entity does not have any output liability, has availed input during the year 2017-18. As there was no output, the same was not utilized. Now, it is identified that some of input is ineligible. Can the same be reversed in returns now? or need to pay along with interest in DRC showing in annual return GSTR-9/9C?
Input reversal of 2017-18
06 Aug 2019 
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Reversal of ineligible input tax credit can be paid via DRC-03 in cash; interest not payable if credit unused.
Inadmissible input tax credit for 2017-18 may be reversed now by payment via Form DRC-03 in cash for adjustment in GSTR-9/9C per Notification No.74/18-CT(R); electronic credit ledger payment is not acceptable for this purpose. Interest under provisions addressing undue or excess credit is generally chargeable only where the credit has been utilized; if the credit was never used to discharge output tax, interest is not payable, although a departmental view treats ledger-reflected credit as deemed availed. An alternative reversal route suggested was PMT-9. (AI Summary)
Inadmissible input tax credit for 2017-18 may be reversed now by payment via Form DRC-03 in cash for adjustment in GSTR-9/9C per Notification No.74/18-CT(R); electronic credit ledger payment is not acceptable for this purpose. Interest under provisions addressing undue or excess credit is generally chargeable only where the credit has been utilized; if the credit was never used to discharge output tax, interest is not payable, although a departmental view treats ledger-reflected credit as deemed availed. An alternative reversal route suggested was PMT-9. (AI Summary)