Category: GST | Read Time: 4 Mins

The GST Network (GSTN) has introduced stricter validations for Input Tax Credit (ITC) claims and reclaims. These new system checks are designed to prevent errors, but they can also stop your business operations if you aren't careful.

The Critical Change:

 
The GST system will now automatically validate your "Electronic Credit Reclaim Ledger."

The Rule: The ITC you reclaim in Table 4(D)(1) must not exceed your ledger's closing balance plus any ITC you reversed in the same return.

The Risk: If your Reclaim Ledger shows a negative closing balance, the system will block you from filing your GSTR-3B.

How to Unblock Your Filing: To proceed, you must immediately reverse the excess ITC in Table 4(B)(2) (or pay it as a liability) to square off the negative balance.

Don't Let Compliance Stop Your Business These technical validations require a deep understanding of the GST portal's backend ledgers. A simple clerical error can now pause your monthly filings.

Get Expert Help:

Avoid operational delays. Let the experts at Kopparam and Associates manage your GST reconciliations. We offer the best expertise to ensure your ledgers are always balanced and your returns are filed on time.
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