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GSTR 9 ITC REVERSAL

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JAIMIN JESADIYA

STUDENT

41 Points Posted on 23 February 2021

If excess ITC availed in 3b is reversed in same f.y. in next month 3b. then how to show that in GSTR 9.

i have showed gross(inclueding excess) in table 6. and shown reversed in table 7. but in table 8 there is no effect in table 8B. and aa a result diff with gstr 2A go negatives.

Replies (3)

Quick Summary

This discussion clarifies how to report excess Input Tax Credit (ITC) reversed in the same financial year within GSTR 9. If you've already reversed excess ITC in a subsequent GSTR-3B, you should show the gross amount in Table 6 and the reversal in Table 7 of GSTR 9. This method ensures accuracy and avoids issues with Table 8B, preventing negative differences with GSTR 2A. No need for DRC-03 payment if reversal is already done in GSTR-3B.