1. Localizations for India Implementation Guide
  2. GSTR-2 Section 11

GSTR-2 Section 11

GSTR-2 section 11 - Input Tax Credit Reversal/Reclaim includes information about the ITC that cannot be claimed during the month due to various ITC rules.

The system populates the values for all subsections from the GST Ledgers table (F75I823), Personal Consumption GST Setoff table (F75I824), and Personal Consumption Update ITC program (R75I805).

A

All input tax reversal for the current month and the ITC reversal on account of exempt and personal supplies.

  • (e) Amount in terms of rule 42 (2)(a): This amount is calculated after the annual return is submitted. If total ITC on inputs of exempted or non-business purpose is more than the ITC reversed or reclaimed during the year, the difference amount is added to the output liability along with the interest applicable.

B

Manual amendment of any ITC details under section 11A of earlier months.