ITC RECREDIT NOT SHOWN IN GSTR 9
This query is : Resolved
23 December 2024
SIR
We purchase goods in August 22, and ITC Credit taken in August in Aug 22 gstrb,
Payment to Creditor was overdue above 180 days hence Credit taken in Aug 22 is reversal in the month of Feb 2023 under the head 4(b)(2) in GSTR 3B.
Payment made to Creditor in June 23 and Recredit taken in June 2023.
While filing the GSTR 9 for the F Y 22 23 What will be the effect of this transaction.
Thanks in Advance
We purchase goods in August 22, and ITC Credit taken in August in Aug 22 gstrb,
Payment to Creditor was overdue above 180 days hence Credit taken in Aug 22 is reversal in the month of Feb 2023 under the head 4(b)(2) in GSTR 3B.
Payment made to Creditor in June 23 and Recredit taken in June 2023.
While filing the GSTR 9 for the F Y 22 23 What will be the effect of this transaction.
Thanks in Advance
12 August 2025
Situation Recap:
Goods purchased in Aug 2022, ITC claimed in Aug 2022 (reflected in GSTR-2B).
Payment to supplier was not made within 180 days, so ITC reversed in Feb 2023 under Section 16(2)(b)(ii) (GSTR-3B Table 4(B)(2)).
Payment was finally made in June 2023, so ITC was recredited in June 2023 GSTR-3B.
Effect on GSTR-9 FY 2022-23:
1. ITC Claimed in Aug 2022
Reflected in Table 4A of GSTR-9 as ITC availed in FY 22-23.
2. ITC Reversal in Feb 2023
Reflected in Table 4B(2) (Reversal of ITC under 16(2)(b)).
3. ITC Re-credit in June 2023
Reflected in Table 4C(1) — ITC availed on account of payment made after reversal.
Important Notes:
Since all transactions (claim, reversal, re-credit) occurred within FY 22-23, they must be fully disclosed in the GSTR-9 of FY 22-23.
The ITC claimed originally, reversed, and re-claimed will net off, so your net ITC in the year will reflect correctly.
Where to Show in GSTR-9:
Transaction Table No. in GSTR-9 FY22-23
Original ITC Claimed Table 4A (ITC availed)
ITC Reversed (180+ days) Table 4B(2) (Reversal under 16(2)(b))
ITC Re-credited after payment Table 4C(1) (ITC availed on payment after reversal)
Summary:
Date Action GSTR-9 Table
Aug 2022 ITC Claimed 4A
Feb 2023 ITC Reversed (non-payment) 4B(2)
June 2023 ITC Recredited (payment made) 4C(1)
If you find that your GSTR-9 is not showing this correctly, it might be due to data mismatch or portal limitation.
You should:
Verify your GSTR-3B returns for Feb 2023 and June 2023 correctly reflect reversal and re-credit.
If data is correct in returns but not in GSTR-9, you may need to file a manual reconciliation statement or explain the difference in GSTR-9C.
Goods purchased in Aug 2022, ITC claimed in Aug 2022 (reflected in GSTR-2B).
Payment to supplier was not made within 180 days, so ITC reversed in Feb 2023 under Section 16(2)(b)(ii) (GSTR-3B Table 4(B)(2)).
Payment was finally made in June 2023, so ITC was recredited in June 2023 GSTR-3B.
Effect on GSTR-9 FY 2022-23:
1. ITC Claimed in Aug 2022
Reflected in Table 4A of GSTR-9 as ITC availed in FY 22-23.
2. ITC Reversal in Feb 2023
Reflected in Table 4B(2) (Reversal of ITC under 16(2)(b)).
3. ITC Re-credit in June 2023
Reflected in Table 4C(1) — ITC availed on account of payment made after reversal.
Important Notes:
Since all transactions (claim, reversal, re-credit) occurred within FY 22-23, they must be fully disclosed in the GSTR-9 of FY 22-23.
The ITC claimed originally, reversed, and re-claimed will net off, so your net ITC in the year will reflect correctly.
Where to Show in GSTR-9:
Transaction Table No. in GSTR-9 FY22-23
Original ITC Claimed Table 4A (ITC availed)
ITC Reversed (180+ days) Table 4B(2) (Reversal under 16(2)(b))
ITC Re-credited after payment Table 4C(1) (ITC availed on payment after reversal)
Summary:
Date Action GSTR-9 Table
Aug 2022 ITC Claimed 4A
Feb 2023 ITC Reversed (non-payment) 4B(2)
June 2023 ITC Recredited (payment made) 4C(1)
If you find that your GSTR-9 is not showing this correctly, it might be due to data mismatch or portal limitation.
You should:
Verify your GSTR-3B returns for Feb 2023 and June 2023 correctly reflect reversal and re-credit.
If data is correct in returns but not in GSTR-9, you may need to file a manual reconciliation statement or explain the difference in GSTR-9C.
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- Stamp Paper for partnership firm change new income tax 2025
- SFT Cash Deposit in Current Account
- Value of property in capital gain
- FORM 26A APPLICABILITY
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
