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Gstr 9 query 18-19

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Jishad T

GSTP

289 Points Posted on 02 October 2020

2018-19 actual itc is rs.85000+85000(cgst & sgst)

2017-18 credit note (itc reversed)IN 18-19 is rs-5000+5000 (sgst& cgst) (DEDUCTED FROM ITC, not entered in itc reversed column)

hence

TABLE 6.A auto populated itc is RS.80000+80000 (SGST &CGST)

MY QUESTION IS , HOW TO RECORD REVERSED ITC IN GSTR 9

WHERE TO SHOW??

Replies (2)

Quick Summary

This discussion addresses a query regarding the correct reporting of reversed Input Tax Credit (ITC) in the GSTR 9 annual return for the 2018-19 financial year. The user has a specific situation where a supplier issued a credit note in 2017-18, leading to a reversal of ITC that was deducted from the total ITC rather than entered in the 'ITC reversed' column. This has caused the Table 6.A auto-populated ITC to be incorrect, and the user seeks clarification on how and where to record this reversed ITC in their GSTR 9.