Mandatory Furnishing of Correct Information of Inter-State Supplies and Ineligible/Blocked Input Tax Credit (ITC) and Reversal Thereof in FORM GSTR-3B and FORM GSTR-1

Mandatory Furnishing of Correct Information of Inter-State Supplies and Ineligible/Blocked Input Tax Credit (ITC) and Reversal Thereof in FORM GSTR-3B and FORM GSTR-1 https://www.taxtmi.com/circulars?id=71626 GST return-reporting requirements mandate place-of-supply-wise disclosure of inter-State supplies to unregistered persons, composition taxable persons, and UIN holders in Table 3.2 of FORM GSTR-3B and applicable tables of FORM GSTR-1. Table 4(A) auto-populates ITC, while permanent and temporary reversals must be reported separately in Table 4(B). Net ITC, calculated after those reversals, is credited to the electronic credit ledger. Blocked ITC is reported through Table 4(B)(1), whereas specified time-barred or place-of-supply-related ITC may be reported in Table 4(D)(2). en-us Tue, 03 Jan 2023 00:00:00 +0530 Sat, 17 Oct 2026 13:46:00 +0530 TaxTMI RSS Generator Mandatory Furnishing of Correct Information of Inter-State Supplies and Ineligible/Blocked Input Tax Credit (ITC) and Reversal Thereof in FORM GSTR-3B and FORM GSTR-1 https://www.taxtmi.com/circulars?id=71626 GST return-reporting requirements mandate place-of-supply-wise disclosure of inter-State supplies to unregistered persons, composition taxable persons, and UIN holders in Table 3.2 of FORM GSTR-3B and applicable tables of FORM GSTR-1. Table 4(A) auto-populates ITC, while permanent and temporary reversals must be reported separately in Table 4(B). Net ITC, calculated after those reversals, is credited to the electronic credit ledger. Blocked ITC is reported through Table 4(B)(1), whereas specified time-barred or place-of-supply-related ITC may be reported in Table 4(D)(2). Circulars GST - States Tue, 03 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=71626