https://www.taxtmi.com/forum/issue?id=120836 Wrongly availed input tax credit reversed in a later period by netting it off in GSTR-3B, instead of reporting it in the specified reversal table, was treated as a clerical or technical lapse. The discussion states that a reporting error alone should not justify tax, interest, or penalty if the reversal can be substantiated through return workings, ledger extracts, explanations, and supporting documents. Voluntary reversal through DRC-03 and proper evidence were suggested to demonstrate that there was no revenue loss and that the reversal was duly made. en-us Tue, 24 Mar 2026 10:34:23 +0530 Wed, 01 Apr 2026 08:16:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120836 Wrongly availed input tax credit reversed in a later period by netting it off in GSTR-3B, instead of reporting it in the specified reversal table, was treated as a clerical or technical lapse. The discussion states that a reporting error alone should not justify tax, interest, or penalty if the reversal can be substantiated through return workings, ledger extracts, explanations, and supporting documents. Voluntary reversal through DRC-03 and proper evidence were suggested to demonstrate that there was no revenue loss and that the reversal was duly made. Discussion-Forum GST Tue, 24 Mar 2026 10:34:23 +0530 https://www.taxtmi.com/forum/issue?id=120836