The GST portal has introduced a significant update for the Financial Year 2023-24, automatically populating eligible Input Tax Credit (ITC) into GSTR-9. This feature, available from 15th October 2024, will draw ITC data for domestic supplies from GSTR-2B and place it in table 8A of GSTR-9. A validation utility is also being rolled out to help taxpayers complete this auto-population process.
Starting FY 2023-24, GST system will auto-populate eligible ITC for domestic supplies (excluding reverse charge and imports ITC) from table 3(I) of GSTR-2B to table 8A of GSTR-9. These changes in GSTR-9 and 9C for the FY 2023-24 will be available on the GST portal from today i.e.,15th October 2024 onwards.
Further, a validation utility will be executed progressively (for validation by taxpayers) to complete the auto population of GSTR-9 from GSTR-2B for Apr-23 till Mar-24.
FAQ :
The GST portal now auto-populates eligible Input Tax Credit (ITC) in GSTR-9 for domestic supplies from GSTR-2B to table 8A.
The changes for GSTR-9 and 9C for FY 2023-24 are available on the GST portal from 15th October 2024.
Eligible ITC for domestic supplies, excluding reverse charge and imports ITC, will be auto-populated.
A validation utility is being progressively executed to assist taxpayers in completing the auto-population of GSTR-9 from GSTR-2B for the period April 2023 to March 2024.
Table 3(I) of GSTR-2B is used to auto-populate data into table 8A of GSTR-9.