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Itc on car

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naresh

accountancy

56 Points Joined April 2017

Gstr 2a shows itc on car and itc on insurance of car purchased for marble business

i have not claimed itc in 3b

now while filing gstr 9 is it compulsory to reverse itc reflecting in 2a on car and its insurance if yes then in which table should I reverse

in this case is it compulsory to file gstr 9 as i am small taxpayer

Replies (4)

Pakshal Shah

Practicing Chartered Accountant

271 Points Joined April 2009

If your annual turnover does not exceed Rs. 2 crores, it is optional to file GSTR 9

Sagar Patel

Tax and Business Consultant

11616 Points Joined July 2015

If Your Turnover is below 2 Crore, than For F.Y 2017-18 and F.Y 2018-19, it's not mandatory to file Annual return GSTR 9...

If You are filing your GSTR 9 Voluntarily, than ITC on car ect...which is blocked as per Section 17(5) of CGST Act, 2017 required to be shown in blocked credit column in GSTR 9.

naresh

accountancy

56 Points Joined April 2017

If i want to file gstr 9 then in which table should i show itc on car

CA Sachin M Jain

CA | GST | Refunds | Advisory | Litigati

1463 Points Joined March 2018

You will have to lapse the said ITC in GSTR 9 and need not reverse.

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