GSTR 9 Part III S.No.8C
This query is : Resolved
23 November 2023
Even if the invoice is in the month of February for FY 2021-22, ITC in GSTR 2B is Rs. 8,450/ was not taken as ITC should not be taken as it was not received. That ITC FY 2022-23 in the month of April 2B Rs. 8,450/ so we claimed input.
FY 2021-22 Annual Return 9 Part III S.No.8C in Rs. 8,450/ shown as less ITC claimed. That means lower ITC is shown in 3B than ITC in 8A/2A.
But in FY 2022-23 Annual Return 9 Part III S.No.8C Rs. 8,450/ shows a negative balance. In this, if there is a negative balance, notices are coming from the department to make payment.
Can you kindly tell me what is the solution?
FY 2021-22 Annual Return 9 Part III S.No.8C in Rs. 8,450/ shown as less ITC claimed. That means lower ITC is shown in 3B than ITC in 8A/2A.
But in FY 2022-23 Annual Return 9 Part III S.No.8C Rs. 8,450/ shows a negative balance. In this, if there is a negative balance, notices are coming from the department to make payment.
Can you kindly tell me what is the solution?
15 January 2024
While filling GSTR 9, we can separately highlight ITC appearing for the year claimed in the same year and in the subsequent year making the total ITC tallied. Any difference in ITC should be clarified via Notes in the GSTR9. You can explain the AO in this case with all the documents to drop the proceedings here.
Message likes :
1 times
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
- Supply through E-commerce Operators
- STCG....................................................
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- Relief u/s Section 89
- GST ON DAMAGED GOODS
- Tax liability on income of freelancer
- Agriculture income or business income
- REGARDING GST LIABILITY/....
- STCG FOR GOLD ETFs
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
