GSTR 9 - COLUM NO. 6 & 8

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This discussion clarifies how to correctly report input tax credit (ITC) in columns 6 and 8 of the GSTR 9 annual return for FY 2020-21. It addresses scenarios involving total ITC available, current year ITC, previous year ITC, and excess credit taken. The advice includes specific column references for reporting these amounts, such as showing previous year ITC in column 6M and excess credit in column 13 or 8C if not reversed by September 21st.

Jiwan singh

Jiwan singh (Querist)

28 December 2021 FOR ANNUAL RETURN FY 2020-21
QUES 1- TOTAL INPUT CREDIT AVAIL IN COLUM 6A OF GSTR 9 FY 20-21 AMT 100000/- ( FOR FY 20-21 AMT 80000 FY 19-20 AMT 20000)
A - WHICH AMOUNT SHOULD BE IN COLUM 6B - 80,000/- OR 1,00,000/- ?
B - IF 80,000/- WHERE WE SHOW 20,000/- ?
C - IF 100000/- WHERE WE SHOW 20,000/- IN COLUM 8

QUES 2- TOTAL INPUT CREDIT AVAIL IN COLUM 8B AMT 100000/-
RECO OF 1 LAKS-------
CURRENT YEAR ITC 70000/- IN WHICH COLUM SHOWN 6 & 8
PREVIOUS YEAR ITC 20000/- IN WHICH COLUM SHOWN 6 & 8
EXCESS CR TAKEN 10000/- IN WHICH COLUM SHOWN 6 & 8 ( WE HAVE BILL OF PURCHASE BUT PARTY NOT FILE HIS RETURN GSTR 1 )
ITC OF C.YEAR BUT AVAIL NEXT YEAR 10000/- IN WHICH COLUM SHOW

CA Akshay Hiregange

CA Akshay Hiregange (Expert)

28 December 2021 ANSWER 1 - B - Show 80,000 in 6B & 20,000 in 6M.
ANSWER 2 - Show 70,000 in 6B, 20,000 in 6M and 10,000 in 13. In 8C also show 10,000

Jiwan singh

Jiwan singh (Querist)

28 December 2021 we excess credit taken in 3b by amt 10000/- (party not show in his return but we have purchase bill ) where we show in form 9

CA Akshay Hiregange

CA Akshay Hiregange (Expert)

29 December 2021 If you want to reverse and not done by Sep 21 returns for FY 20-21, then consider in table 7H, link such additional liability in table 9 (tax payable) and discharge through DRC-03. Alternatively, if all s16 conditions are satisfied then no requirement to reverse ITC only on account of GSTR 2A non-reflection, as there was no authorising section to Rule 36(4), until 31.12.2021 as Section 16(2)(aa) comes into effect from 1.1.22

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