https://www.taxtmi.com/news?id=27892 Taxpayers may report cumulative previously reversed but unclaimed Input Tax Credit as an opening balance in the Electronic Credit Reversal and Re claimed Statement on the GST portal within a final opportunity window; monthly and quarterly filers must limit reporting to reversals up to specified return periods. Once the ledger is hard locked, the system will prevent reclaiming ITC in excess of the recorded reversal balance. en-us Tue, 17 Sep 2024 13:37:42 +0530 Tue, 17 Sep 2024 13:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27892 Taxpayers may report cumulative previously reversed but unclaimed Input Tax Credit as an opening balance in the Electronic Credit Reversal and Re claimed Statement on the GST portal within a final opportunity window; monthly and quarterly filers must limit reporting to reversals up to specified return periods. Once the ledger is hard locked, the system will prevent reclaiming ITC in excess of the recorded reversal balance. News - Tue, 17 Sep 2024 13:37:42 +0530 https://www.taxtmi.com/news?id=27892