Following taxpayers need to fill Form GST ITC 03.
In all the above situations the taxpayer is required to file FORM GST ITC03. It is filled to pay an amount equivalent to the closing credit. To pay this amount taxpayer to make a debit in the electronic credit ledger or electronic cash ledger, equivalent to credit availed in respect of:
It is interesting to see that at the time of entry into GST ITC of CG is not available.
You can access this Form on GSTIN website. You need to login at GSTN portal and find it at your dashboard.Thus take care to calculate and pay closing ITC.
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