ITC REVERSAL IN GSTR 9 OF FY 24-25
This query is : Resolved
19 December 2025
During the financial year 2024-2025 I have taken excess ITC amounting Rs 10000/- which was reversed by us in GSTR 3B for the month of August 2025. Now at the time of filing annual return for FY 24-25 where to show such reversal, only in table 12 or in table 7 & table 12 both.
What will be its effect in GSTR 9C
What will be its effect in GSTR 9C
22 December 2025
Excess ITC of ₹10,000 relating to FY 2024-25 but reversed in August 2025 must be reported only in Table 7 of GSTR-9 (FY 2024-25), generally under Table 7E – Others. Table 12 should not be used, as it applies only to reversals of earlier financial years. In GSTR-9C, this will be explained as a timing reversal with no adverse impact.
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.
- 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
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- FORM 26A APPLICABILITY
- SFT Cash Deposit in Current Account
- Value of property in capital gain
- Regarding TDS Applicability For Director Remuneration
- TDS APPLICABILITY......
- Copyright software
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
