https://www.taxtmi.com/forum/issue?id=115334 Reversal of input tax credit for portions not attributable to business must follow attribution under section 17 and Rule 42; omissions attract interest under section 39(9). Where ITC is reversed by creating output tax in the periodic return and the tax is paid, disclosing that reversal and the tax paid in GSTR 9 Table 12 and the Tax Payable & Paid summary is a consistent reporting approach, with the periodic return (Table 3(a) of GSTR 3B) showing the immediate liability. en-us Sat, 17 Aug 2019 23:52:39 +0530 Thu, 23 Jan 2025 15:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115334 Reversal of input tax credit for portions not attributable to business must follow attribution under section 17 and Rule 42; omissions attract interest under section 39(9). Where ITC is reversed by creating output tax in the periodic return and the tax is paid, disclosing that reversal and the tax paid in GSTR 9 Table 12 and the Tax Payable & Paid summary is a consistent reporting approach, with the periodic return (Table 3(a) of GSTR 3B) showing the immediate liability. Discussion-Forum GST Sat, 17 Aug 2019 23:52:39 +0530 https://www.taxtmi.com/forum/issue?id=115334