https://www.taxtmi.com/forum/issue?id=113968 Accumulated ITC held in the electronic credit ledger despite exempt turnover must be reversed by reporting the reversal in GSTR 3B-adding the amount to outward liability and recording it in Table 4(B)(1) (or Table 4(B)1/2)-which debits the electronic credit ledger; where GSTR 2 is not filed, these details are furnished in GSTR 3B so tax records reconcile with accounting entries. en-us Thu, 19 Jul 2018 10:45:05 +0530 Thu, 23 Jan 2025 15:55:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113968 Accumulated ITC held in the electronic credit ledger despite exempt turnover must be reversed by reporting the reversal in GSTR 3B-adding the amount to outward liability and recording it in Table 4(B)(1) (or Table 4(B)1/2)-which debits the electronic credit ledger; where GSTR 2 is not filed, these details are furnished in GSTR 3B so tax records reconcile with accounting entries. Discussion-Forum GST Thu, 19 Jul 2018 10:45:05 +0530 https://www.taxtmi.com/forum/issue?id=113968