Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Gst itc credit in gstr 9

235 views

Save Share

rajdip ranpara

proprietor

77 Points Posted on 20 May 2021

During the Financial Year 2019-20 I have claimed GST Input credit claimed for financial year 2018-19, upto september 2019 and also same is received in gstr 2A of fy 2018-19

because of this transaction total itc claimed in fy 2019-20 is over than gstr 2a of fy 2019-20 and figure goes negative in RAW no D of Table 8 of Gstr 9 of fy 2019-20.

now kindly suggest where to show this figure of itc claimed of fy 2018-19 in fy 2019-20 in gstr 9 of FY 2019-20.

Replies (3)

Quick Summary

This discussion addresses a common query regarding GST ITC claimed in FY 2019-20 that pertains to FY 2018-19. The user correctly claimed ITC for FY 2018-19 up to September 2019, which appeared in GSTR 2A for FY 2018-19. This resulted in the total ITC claimed in FY 2019-20 exceeding the GSTR 2A figures for the same period, leading to a negative value in GSTR 9, Table 8, Row D. The advice given is to show the ITC related to FY 2019-20 in the annual return, acknowledging that this may create a difference compared to GSTR-3B but is the correct treatment. Reassurances are provided that this is not a cause for concern as long as proper reconciliations are maintained.