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
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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