Guidance sought with respect to the following presentation and disclosure in GSTR-9 for FY 2021-22
1) Purchase Return for FY 2021-22 reversed in GSTR-3B in FY 2021-22 appearing in 2B of FY 2021-22
2) Purchase Return for FY 2021-22 reversed in GSTR-3B of FY 2022-23 appearing in 2B of FY 2022-23 with invoice date of 2021-22
3) In Table No. 7 of GSTR -9, ITC Reversal Details should be for FY 2021-22 (i.e point No.1 + Point No.2) total or only those which have been reversed in GSTR-3B filed in FY 2021-22 ( Only Point No.1)?
4) In Table No. 8A of GSTR 9 , Net ITC for FY 2021-22 is appearing ( i.e, purchase less returns), however in table No. 8B of GSTR-9 only credit availed during FY 2021-22 is appearing no implications of table 7. Where should returns be shown in table 8 for reconciliation?
5) where should return of FY 2021-22 reversed in FY 2022-23 be shown in table 8?
6) In Table 17, HSN wise summary of outward Supplies, for clients with turnover less than 5 cr, HSN code is required for all outward supplies( B2B & B2C) or only B2B Invoices?
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GSTR 9 purchase return queries
Replies (1)
Hi Prashant! Here’s a detailed guidance on your GSTR-9 queries related to purchase returns and ITC reconciliation for FY 2021-22:
1) Purchase Return reversed in GSTR-3B of FY 2021-22 appearing in 2B of FY 2021-22
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These are returns adjusted within the same financial year, so they should be considered for FY 2021-22 ITC reconciliation.
2) Purchase Return reversed in GSTR-3B of FY 2022-23 but with invoice date in FY 2021-22
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Though the invoice date is FY 2021-22, reversal happened in FY 2022-23.
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These should be reported in the FY 2022-23 returns and reflected accordingly in the next year’s GSTR-9.
3) ITC Reversal in Table 7 of GSTR-9 for FY 2021-22
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Table 7 ITC Reversal should include all ITC reversals related to FY 2021-22.
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That means both:
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Point 1: Reversed in FY 2021-22, and
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Point 2: Reversed in FY 2022-23 but pertaining to FY 2021-22 invoices.
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This gives a true picture of ITC reversal for the invoices of FY 2021-22.
4) Treatment of Purchase Returns in Table 8A and 8B of GSTR-9
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Table 8A (ITC Available) shows net ITC for FY 2021-22 (i.e., Purchases minus Returns).
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Table 8B (ITC Reversed) only shows credit availed during FY 2021-22 and does not adjust returns reversed later.
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Returns (both FY 2021-22 and FY 2022-23 reversals related to FY 2021-22) should be accounted in Table 7 (ITC Reversal) for reconciliation, not in Table 8B.
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So, Table 8 is gross ITC figures, Table 7 captures reversals for accurate reconciliation.
5) Where to show FY 2021-22 purchase returns reversed in FY 2022-23 in Table 8?
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These are not shown in Table 8 of FY 2021-22 but reflected in Table 7 of FY 2021-22 (ITC reversal related to that year).
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Also, they will appear in the next year’s (FY 2022-23) GSTR-9, reflecting reversals done in that year.
6) HSN-wise summary of outward supplies (Table 17) for clients with turnover less than ₹5 crores
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For taxpayers with turnover < ₹5 Cr, HSN codes are required for all outward supplies (both B2B and B2C).
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However, the HSN code length and detail may be minimal compared to large taxpayers.
Summary Table
| Query | Treatment |
|---|---|
| Purchase Return reversed in FY 2021-22 (in same FY) | Include in Table 7 ITC Reversal of FY 2021-22 |
| Purchase Return reversed in FY 2022-23 (invoice FY 2021-22) | Include in Table 7 ITC Reversal of FY 2021-22, reflect in next FY’s GSTR-9 also |
| Table 8A & 8B | Table 8A shows net ITC; Table 8B shows ITC availed in the year; Returns reflected in Table 7 |
| Purchase Return reversed in FY 2022-23 (invoice FY 2021-22) in Table 8 | Not shown in Table 8 of FY 2021-22 |
| Table 17 HSN codes for turnover < ₹5 Cr | HSN required for all outward supplies (B2B + B2C) |
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