Annual Return 18-19

This discussion addresses how to report Input Tax Credit (ITC) discrepancies in the GSTR 9 and GSTR 9C annual returns for the 2018-19 financial year. It covers situations where the ITC claimed in GSTR-3B differs from the figures in the books of accounts and GSTR-2A. The advice suggests using specific tables in GSTR 9, such as Table 6M, to report these differences, particularly when the discrepancy arises from prior year ITC or accounting errors. It also touches upon the 20% allowance for differences and the importance of rectifying errors where possible.