GST 105% ITC CALCULATION QUERY

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Ajnas (Student) 22 February 2021

GSTR 2B there is note"Positive values of all credit notes, on which ITC is available. If a. this is negative, then credit may be reclaimed subject to reversal of the same on an earlier instance."
Sir where to show reclaim of itc in gstr 3b under which coloumn? This reclaim itc is considered for 105% itc calculation?

Rama chary Rachakonda (Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294) 22 February 2021

Any interest paid earlier on excess claim of ITC will be refunded by crediting the amount to the recipient's Electronic Cash Ledger. In case of duplication of ITC claim, no refund will be allowed as it is a contravention of the GST provisions.