Question ID :
44989
Amendment of Credit note issued by Others
A party has not deducted Input credit because of Credit note issued by other party in Dec 25 Can We amend while filing GSTR 3B for april by reversal of input credit in April 26 under 4(1)b table
Posted by
Mahesh Kumar
on
May 11, 2026
Filed Under
Indirect Taxes
3B can not be amended , reverse in next month return upto time frame
Posted by
CA JEET REWRI on
May 15, 2026
Answer ID :
86151
Yes, ITC not reversed earlier against supplier’s credit note of Dec 2025 may be reversed in Apr 2026 GSTR-3B. Practically, Table 4(B)(2) – Others is more appropriate, though some taxpayers also use Table 4(B)(1). Interest implication may arise for delayed reversal if ITC was utilized.
Posted by
CA. SATISH CHAND GARG on
May 16, 2026
Answer ID :
86153
If the original credit note in December 2025 meant you over-claimed or failed to reduce your ITC during that period, and you utilized that excess credit to offset output tax liability between December and April, interest under Section 50(3) may be applicable at 18% per annum on the utilized portion from the date of wrongful utilization to the date of reversal. If the credit was merely sitting in your electronic credit ledger and was never utilized to pay tax, no interest is applicable.
Posted by
SIVADAS CHETTOOR on
May 20, 2026