Reversal of ITC means reversal of ITC utilized earlier. By doing this, there will be an increase in the output tax liability and interest may also be required to be paid depending on when the ITC is reversed.
source https://www.caclubindia.com/articles/reversal-of-itc-under-gst-47515.asp
source https://www.caclubindia.com/articles/reversal-of-itc-under-gst-47515.asp
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