Mera Advisor
GST ITC Reversal u/r 42
ITC REVERSAL AS PER NEW RULE 42
[Other than services covered by paragraph 5(b) of Schedule II
viz. construction of a complex, building, civil structure or a part thereof]

Details of Turnover as per Books

  TOTAL Exempt
   Turnover as per Books

Details of ITC as per Books

   (A) Whether ITC is partly used for business and partly for other purposes?
 
  IGST CGST SGST Cess
   (B) Total ITC as per Books

       Less :

   (i) ITC not eligible u/s 17(5)
   (ii) ITC used exclusively for
        purposes other than business
   (iii) ITC used exclusively for
         effecting exempt supplies
   (iv) ITC used exclusively for
         effecting supplies other than
         exempted but including
         zero rated supplies

 

BACK
Mera Advisor