Here are the steps to do ITC Re-Claim Entry. To learn more, you can also watch this RADIX Online tutorial video:



ITC Re-Claim Entry


For ITC Re-Claim Entry in Radix, first select the desired company.


1. Go to Transactions > GST > ITC Entry.


2. ITC Reversal/Re-Claim Entry form will open. Enter details here such as:

       ITC Type - Select ITC Re-Claim option here from the list displayed.

Document No. - Enter the voucher number here.

ITC Description - Select the ITC description from the list of options displayed. For more information about this, you can contact your respective Tax Consultant or C.A.

Date - Enter the ITC Re-Claim entry date here.

Reason - You can enter other information here, if any.

Enter the amount to be reclaimed in the respective fields: IGST, CGST, SGST and CESS.


You can enter the fields you want and leave rest of the fields blank and proceed.


3. Once all the required details are entered, click on Save button.


4. When Radix prompts 'ITC record saved successfully.', click on OK button. Your ITC Re-Claim Entry will be done.


5. New button will be activated. Click on New button and start with step 3 for another entry.




Related Topics:

1. Edit ITC Re-Claim Entry

2. Delete ITC Re-Claim Entry

3. ITC Reversal Entry