Ineligible ITC claimed in 3B. Not rectified till Sep 2021. How to report in gstr 9

[Briny Jacob]

Ineligible ITC claimed in 3B. Not rectified till Sep 2021. How to report in GSTR-9

AI Summary

Guidance on Reporting Excess Input Tax Credit in GSTR-9: Disclose in Column 7H and Use DRC-03 for Payment. An individual inquired about reporting ineligible Input Tax Credit (ITC) claimed in Form 3B, which was not rectified by September 2021, in the GSTR-9 form. Respondents advised that the excess ITC should be disclosed under the ITC reversed section, specifically in column 7H of GSTR-9. Additionally, they recommended paying the excess claimed ITC using form DRC-03. The original inquirer expressed gratitude for the guidance provided.