Answer

1. F

   Facts

   The portal keeps an Electronic Credit Reversal and Re-claimed Statement. From a GSTN advisory of December 2025, GSTR-3B cannot be filed if ITC reclaimed in Table 4D(1) exceeds the reclaim ledger balance plus reversal in Table 4B(2) of that period.

2. P

   Provisions and law

   • Circular 170/02/2022-GSTExplains reporting of ITC reversals in GSTR-3B: permanent reversals in Table 4(B)(1), reclaimable ones such as Rule 37 and 37A in Table 4(B)(2).
   • Sec 16(2), third proviso, CGST Act 2017The recipient is entitled to avail the credit again once payment of value and tax is made to the supplier.
3. A

   Analysis

   Reclaimable reversals, such as Rule 37 or Rule 37A, are reported in Table 4B(2) and build the reclaim balance. Only that balance can later be reclaimed in Table 4D(1). If you reversed credit earlier in Table 4B(1) by mistake, it does not build the balance. Check the statement and declare any opening balance if the portal allows.

4. C

   Conclusion

   1. 1Open the credit reversal and reclaimed statement on the portal.
   2. 2Check the balance available to reclaim.
   3. 3Reclaim no more than that balance in Table 4D(1).
   4. 4Report future reclaimable reversals in Table 4B(2).

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.