Sir How to give effect of ITC Reversal in the form GSTR3B under which head if Payment to creditors are not made within 180 days and sir if after ITC Reversal how to the same ITC credit if the same creditors are paid in Form GSTR3B and also in where to state this fact in Form No GSTR9 and GSTR9C

Reply—As per Rule 37 of CGST Rules,  a registered person, who has availed of Input tax credit on any inward supply of goods or services or both, but fails to pay to the supplier thereof, the value of such supply along with the tax payable thereon, within the time limit specified in the second proviso to sub-section (2) of section 16, shall furnish the details of such supply, the amount of value not paid and the amount of Input tax credit availed of proportionate to such amount not paid to the supplier in FORM GSTR-2 for the month immediately following the period of one hundred and eighty days from the date of the issue of the invoice.

The amount of Input tax credit shall be added to the output tax liability of the registered person for the month in which the details are furnished. ITC should be reversed in any other reversal column i.e. 4(b)(2) of GSTR-3B.

Yes, the second proviso to section 16(2), of the CSST Act, provides for reversal and the third proviso allows re-availment of ITC on account of non-payment once paid.

Aggregate value of input tax credit availed, reversed and reclaimed under the provisions of the Act shall be declared in 6H of GSTR-9.