The Central Board of Indirect Taxes and Customs (CBIC) has made it clear through a notification that if you have received ITC on goods and services in previous FY and you didn’t claim that ITC in previous year then you have the option to avail such ITC by filing up the details of table 4(A) of FORM GSTR3B for April-September 2021.
This is notified by government in Central Goods and Services Tax (Sixth Amendment) Rules, 2021 which amends Central Goods and Services Tax Rules, 2017.
In these Rules, in FORM GSTR-9, in the instructions in the Table in paragraph 7 against serial number 13, after the words, letters and figures “reclaimed in FY 2020-21, the details of such ITC reclaimed shall be furnished in the annual return for FY 2020-21,”, the following entry shall be inserted, namely “For FY 2020-21, details of ITC for goods or services received in the previous financial year but ITC for the same was availed in returns filed for the months of April 2021 to September 2021 shall be declared here. Table 4(A) of FORM GSTR-3B may be used for filling up these details. However, any ITC which was reversed in the FY 2020-21 as per second proviso to sub-section (2) of section 16 but was reclaimed in FY 2021-22, the details of such ITC reclaimed shall be furnished in the annual return for FY 2021-22.” For the figures and word “2018-19 and 2019-20”, the figures and word “2018-19, 2019-20 and 2020-21” shall be substituted.
In Easy Language: The details of such ITC availed shall be furnished in annual return for Financial Year 2020-21.
GSTR3B is basically a self-declared summary form of inward and outward supplies made by the registered taxpayer.