Compliance Pack
ITC reversal for unpaid suppliers after 180 days, Rule 37
- If you take GST credit on a bill but do not pay your supplier within 180 days, the law makes you give that credit back with interest, and lets you take it again once you pay.
- Deadline: In GSTR-3B for the tax period right after the 180th day from the invoice date; re-claim in the GSTR-3B of the period in which the supplier is paid
- Done in 3 working days after the payables ageing and ledgers are shared
- Prepared by your Savvy, checked by a CA
- Purchase register with invoice dates
- Which invoices are unpaid
- Age the payables and list invoices crossing 180 days in the month
- Rule 37 reversal and interest working
ITC reversal for unpaid suppliers…
In GSTR-3B for the tax period…
- IWhat we need from you7 documents
- DQuestions for you6 questions
- FForms5 steps
- DWhat you getRule 37 reversal and…
Answer in brief
If you take GST credit on a bill but do not pay your supplier within 180 days, the law makes you give that credit back with interest, and lets you take it again once you pay. We age your unpaid bills, work out the exact reversal and interest, show it in the right GSTR-3B tables, and track it so you re-claim it the month you pay.
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From the official sources
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From the official portal's manuals and FAQs, with the source for each point.
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How we solve it: 4 steps
Every line tracked live.
Step 1 of 4 · What we need from you
Tap each one you already have
- Purchase register with invoice dates
- Supplier ledgers and payment proofs
- Payables ageing as on month end
- GSTR-3B Table 4 for past periods
- Electronic credit ledger statement
- ECRRS reversal and re-claim statementOptional
- Credit notes and disputed bills listOptional
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Pay and start
₹1,999
₹1,999 + ₹359.82 GST = ₹2,358.82
Monthly. Delivered in 3 working days after the payables ageing and ledgers are shared. Due: In GSTR-3B for the tax period right after the 180th day from the invoice date; re-claim in the GSTR-3B of the period in which the supplier is paid
- Every paid answer checked by a CA
- Fixed price before you pay
- Track every step live
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