Home Forum Goods and Services Tax - GST Month 8 2019 2019 (8) This
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Reversal of ineligible ITC - Goods and Services Tax - GSTExtract An assessee claimed ineligible ITC (CGST and SGST). After knowing that the same is not eligible for ITC he has reversed the same in GSTR 3B . However, since he does not have enough credit in CGST and SGST, he has reversed the same using IGST balance available. Is this valid or he should have paid CGST and SGST through challan. Sec 49(5) allows IGST ITC to be used to pay CGST and SGST.
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