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The Government vide Notification No. 14/2022 – Central Tax dated 05th July, 2022 has notified few changes in Table 4 of Form GSTR-3B for enabling taxpayers to correctly report information regarding ITC availed, ITC reversal and ineligible ITC in Table 4 of GSTR-3B.
The Notified changes of Table 4 of GSTR-3B have been incorporated in GSTR-3B and are available on GST Portal since 01.09.2022. The taxpayers are advised to report their ITC availment, reversal of ITC and ineligible ITC correctly as per new format of Table 4 of GSTR-3B at GST Portal for the GSTR-3B to be filed for the period August 2022 onwards.
For the detailed advisory, please click here.
Thanking You,
Team GSTN
Input tax credit reporting: updated Table four format requires taxpayers to report availment, reversals and ineligible ITC. The revised Table 4 of Form GSTR-3B mandates distinct reporting of ITC availment, ITC reversal and ineligible ITC; taxpayers must adopt the amended format on the GST Portal for GSTR-3B filings for the filing period beginning August onwards and ensure accurate reporting of availment, reversals and ineligible ITC in Table 4.
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