The Government of India, through Notification No. 14/2022 – Central Tax, which was issued on 05th July 2022, notified a few changes in Table 4 of Form GSTR-3B that enables taxpayers to report correct information regarding – Input Tax Credit (ITC) Availment, ITC Reversal, and Ineligible ITC in accordance with Table 4 of GSTR-3B.
From 01st September 2022, the notified changes amended for Table 4 of GSTR-3B have been incorporated in GSTR-3B and were made available on the GST Portal.
The Taxpayers now have to correctly report their ITC Availment, ITC Reversal, and Ineligible ITC as per the prescribed format of Table 4 of GSTR-3B at GST Portal for the GSTR-3B to be filed for the period August 2022 onwards.