GSTR 9 23-24
This query is : Resolved
Pawan Gupta
(Querist)
02 November 2024
In FY 23-24 i have claimed Excess itc then 2B but the same itc reflect in 2b of 24-25 which i did not claimed as it was claimed earlier in 23-24
How to show this in gstr 9 of 23-24
How to show this in gstr 9 of 23-24
03 November 2024
To rectify this in GSTR-9 of 23-24, follow these steps:
Table 8A: Details of ITC availed during the financial year
Report the excess ITC claimed in 23-24 in Table 8A.
Ensure the ITC is accounted for in the financial year 23-24.
Table 8B: Details of ITC reversed during the financial year
Reverse the incorrectly reflected ITC in 2B of 24-25 by reporting it in Table 8B.
Mention the reversal in the "ITC reversed due to excess claim" or similar description.
Table 11: Computation of tax paid
Adjust the tax paid accordingly, considering the reversed ITC.
Table 12: Computation of ITC
Ensure the ITC claimed in 23-24 is accurately reflected.
Table 8A: Details of ITC availed during the financial year
Report the excess ITC claimed in 23-24 in Table 8A.
Ensure the ITC is accounted for in the financial year 23-24.
Table 8B: Details of ITC reversed during the financial year
Reverse the incorrectly reflected ITC in 2B of 24-25 by reporting it in Table 8B.
Mention the reversal in the "ITC reversed due to excess claim" or similar description.
Table 11: Computation of tax paid
Adjust the tax paid accordingly, considering the reversed ITC.
Table 12: Computation of ITC
Ensure the ITC claimed in 23-24 is accurately reflected.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst credit note by supplier
- Movement of goods by packers and movers - type of sale - Reg.
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Missed uploading GST Invoice
- Query on effect of registration of property
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Wrong CMPo8 file
- Equity Share Sale and Purchase
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
