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GSTR 9 RETURN

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John Prakash

30 Points Posted on 29 January 2020

in 3B I AM TAKING EXCESS ITC SO CAN I SUBMIT THE GSTR9 WITHOUT REVERSE ITC.

Replies (2)

Quick Summary

If you've claimed excess Input Tax Credit (ITC) in your GSTR 3B return, you cannot simply reverse it when filing your GSTR 9. The GSTR 9 is for reporting purposes only. Any excess ITC claimed must be paid along with applicable interest via the DRC-03 form. This ensures accurate reporting and compliance.

RAJA P M

"Do the Right Thing...!!!"

128162 Points Posted on 29 January 2020

GSTR 9 return is not a Adjustments or Rectification return. It's for reporting purpose and Any mismatches as exceess claim then pay the amount through DRC-03 form...

You can't reverse the excess claimed ITC. You pay the excess taken amount with Interest...