Dear Sir/Madam,
I have claimed the tax credit of F.Y. 2023-24 in F.Y. 2024-2025.
Tax credit is also available in F.Y.2024-2025 GSTR 2B.
What will be the effect in GSTR 9.
SPECIFIC COLUMN 8C AND 13.
please guide me.
Thank you
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GSTR 9 RELATED QUERY 2023-24
Replies (1)
Claiming tax credit in the wrong financial year can lead to discrepancies in your GST returns.
Here's a simplified explanation of the impact on GSTR 9: *Column 8C (Input Tax Credit):* -
1. File an amendment return (GSTR 3) for FY 2023-24, claiming the correct ITC.
2. In GSTR 9 for FY 2023-24, ensure the correct ITC is reflected in Column 8C.
3. In GSTR 9 for FY 2024-25, provide the reconciliation details in Column
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