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Where to show 2023-24 reversal in 2024-25

Others 822 views 4 replies
6A1 only positive and 8c also positive where to disclose that one 8d showing less ITC taken there is no option to disclose 2023-24 reversel
Replies (4)
Quick Summary
Query relates to where to report FY 2023-24 ITC reversal in FY 2024-25 GSTR-9 when tables like 6A, 8C, 8D are restricted. Clarification given that reversals should not be shown in GSTR-9 tables like 8F, and must be adjusted through GSTR-3B with proper reconciliation, not misclassified in return tables.

There is no separate or direct column in GSTR-9 to disclose FY 2023-24 ITC reversal when Table 6A and 8C are system-restricted to positive figures.
ITC reversals pertaining to FY 2023-24 must be effected in GSTR-3B (FY 2024-25) with tax + interest, not adjusted in GSTR-9.
Table 8 (including 8D) is only a reconciliation statement, and negative reporting is not permitted.

Thank you sir, Any problem if I disclose 2023-24 reversal in 8F .Gemeni AI sad 8F  is perfect reconciliation!

Nature of Table 8F

Table 8F =
“ITC available but not availed” during the financial year

This table is meant for:

  • Missed credits

  • Deferred credits

  • Credits intentionally not claimed in FY 2023-24

Why reversal does not fit

An ITC reversal is:

  • Not “ITC available but not availed”

  • It is ITC wrongly availed earlier, corrected later

Therefore:

  • Disclosing FY 2023-24 reversal in 8F would misclassify the nature of adjustment

  • It may make reconciliation “look neat”, but it is conceptually incorrect and legally weak

Reconciliation convenience ≠ statutory correctness.

Bottom line (no ambiguity)

  • Do not use 8F for reversals

  • Do not force reconciliation in GSTR-9

  • Reverse in 3B of subsequent year

  • Explain through records, not through incorrect reporting

That is supplier late filing gstr1 credit notes sir thank you .


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