Dear Sir,
There was a case where we received a material in April '18 though the supplier invoice date was 22.03.18. Therefore, it is goods in transit as on 31.03.18. Now the invoice has IGST of Rs 20,000 for which ITC taken in GSTR 3B of 2018-19.
The issue is where can i show this in-transit ITC in GSTR 9?
GSTR 9 Table 8C provides option to show ITC received in 2017-18 but availed in 2018-19.But this in-transit ITC was not received in 2017-18. Therefore I confuse to show this in-transit of Rs. 20,000 in Table 8C. If I do not show anywhere in GSTR9, is the ITC be treated lapsed?
Therefore, where this type of in-transit element can be disclosed in GSTR 9?
Please suggest.
CAclubindia
