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GST Annual Return

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Tanvi Patel

Deputy Accounts Manager

95 Points Joined October 2016

Hello

For example in GSTR9 of FY 17-18,

ITC as per GSTR2A is 200000 (170000 Eligible and 30000 ineligible)

ITC claimed is 180000 as per books

Difference is 20000

Ineligible ITC is 30000 as per GSTR2A

Difference of 10000 is claimed ITC which is not reflected in GSTR2A

Should we say 30000 as ineligible or 20000 as ineligible in GSTR9???

Please suggest this

Replies (4)

Roshni

Studwnt

1141 Points Joined February 2016

10% of eligible ITC i.e 170000*.1= 17000 can be claimed ... therefore balance 13000 is ineligible.

CMA M.Keerthi chandra

C.A FINAL STUDENT AND QUALIFIED C.M.A

563 Points Joined December 2013

It is enough if net difference is categorized as ineligible or not availed.Hence you can simply show 20,000./-

Pankaj Rawat

GST Practitioner

55062 Points Joined June 2017

No.... not required to pay , as the rule to match with 2A was implemented on 9/10/2019.

Now the Ineligible will be 30000/- only it means you claimed 10000/- extra which has not reflected in 2A , so do prepare reco for the same .
You must have original copy of Tax Invoice & Undertaking from supplier whose bills are not reflected in GSTR2A