Gstr9 fy23-24

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This discussion clarifies how to report Input Tax Credit (ITC) received in FY 2022-23 but utilised in FY 2023-24 for your GSTR9 filing. While this ITC isn't directly reported in the current year's GSTR9, it impacts the reconciliation between Table 8A (ITC available as per GSTR-2B) and Table 8C (ITC availed). Any discrepancies due to carried forward ITC may require further explanation in the relevant sections.

Pawan Gupta

Pawan Gupta (Querist)

20 December 2024 ITC RECIEVED DURING FY22-23 WHICH WAS AVALIED IN FY23-24 WHERE TO SHOW THIS IN GSTR9 23-24
AS PER ADVISORY ISSUED WE DONOT NEED TO SHOW IT
PLEASE CLARIFY THIS IF WE NEED TO SHOW THIS WHERE TO SHOW THIS IN GSTR9

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

20 December 2024 ITC received during FY 22-23 and utilized in FY 23-24 is not directly reported in GSTR 9 of 2023-24. However, it may indirectly impact the reconciliation of ITC in Table 8A and Table 8C.

Here's how it works:

Table 8A: This table shows the total ITC available as per GSTR-2B for the current FY (2023-24). It includes ITC from the previous year (2022-23) that was carried forward and utilized in the current year.
Table 8C: This table shows the ITC availed by you during the current FY (2023-24). It should ideally match the ITC utilized from Table 8A.
If there's a mismatch between Table 8A and Table 8C due to ITC carried forward from the previous year, you may need to provide additional details or explanations in the relevant sections of GSTR 9.

Pawan Gupta

Pawan Gupta (Querist)

21 December 2024 That means we dont require to report itc of 22-23

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

21 December 2024 That was already reported in GSTR9 of FY 2022-23, no need to report in GSTR9 of 2023-24, it gets carry forward.

Pawan Gupta

Pawan Gupta (Querist)

22 December 2024 WHAT IF WE CLAIMED ITC OF 23-24 OF AMOUNT 1000 IN 24-25 AND WE REVERS THE AMOUNT 1000 IN 24-25
IN 8C IT WILL BE 0 OR IT WILL BE 1000
IN 12 IT WILL BE 1000
IN 13 IT WILL BE1000
THE AMOUNT AVAILED WILL BE 0 SO WE CAN SHOW 0 IN 8C OR WE HAVE BE SHOW 1000

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