1. What should be done when ITC is availed as CGST and SGST while it is IGST and vice versa?
1.Corrected in the same financial Year GSTR 3B
- Show Actual credit availed as per 3B in Table 6
- Show reversal in Table 7
Example
| As per books | IGST | CGST | SGST | Cess | |
|
3B – Table 4(A)(5)
| 1000 | ||||
| 3B Table 4(C) | 1000 | ||||
As reported in 3B – April 202 3 | |||||
|
3B – Table 4(A)(5)
| 500 | 500 | |||
| 3B Table 4(C) | 500 | 500 | |||
As reported in 3B – May202 3 | |||||
|
3B – Table 4(A)(5)
| 1000 | ||||
|
3B – Table 4(B)(2)
| 500 | 500 | |||
| 3B Table 4(C) | 1000 | -500 | -500 | ||
| GSTR-9 | |||||
| Table 6 | 1000 | 0 | 0 | ||
| Table 7H | 500 | 500 | |||
2. If corrected in subsequent year
- Show Actual credit availed as per 3B in Table 6
- show credit availed under wrong head in Table 12 and Credit availed in proper head in Table 13
Example
| As per books | IGST | CGST | SGST | Cess | |
|
3B – Table 4(A)(5)
| 1000 | ||||
| 3B Table 4(C) | 1000 | ||||
As reported in 3B – April 2023 | |||||
|
3B – Table 4(A)(5)
| 500 | 500 | |||
| 3B Table 4(C) | 500 | 500 | |||
As reported in 3B – April 2024 | |||||
|
3B – Table 4(A)(5)
| 1000 | ||||
|
3B – Table 4(B)(2)
| 500 | 500 | |||
| 3B Table 4(C) | 1000 | -500 | -500 | ||
|
GSTR-9 Table 6/12/13
| |||||
| 6 | 1000 | 0 | 0 | ||
| 12 | -500 | -500 | |||
| 13 | 1000 |
3. If not corrected and now client wants to pay ineligible credit of C+S through DRC 03
- Show Actual credit availed as per 3B in Table 6
- Credit availed under Wrong head to be shown in Table 7 and DRC 03 AR
Example
| As per books | IGST | CGST | SGST | Cess | |
|
3B – Table 4(A)(5)
| 1000 | ||||
| 3B Table 4(C) | 1000 | ||||
As reported in 3B – April 2023 | |||||
|
3B – Table 4(A)(5)
| 500 | 500 | |||
| 3B Table 4(C) | 500 | 500 | |||
| GSTR-9 | |||||
| Table 6 | 500 | 500 | |||
| Table 7H | 500 | 500 |
Correction with DRC 03 – Annual Return Option
4. Did nothing, no taxes paid nor corrected in subsequent year availed
a. Show Actual credit availed as per GSTR 3B in Table 6
b. Assesse has to explain during the assessment
Example
| As per books | IGST | CGST | SGST | Cess | |
|
3B – Table 4(A)(5)
| 1000 | ||||
| 3B Table 4(C) | 1000 | ||||
|
As reported in 3B – April 2020
| |||||
|
3B – Table 4(A)(5)
| 500 | 500 | |||
| 3B Table 4(C) | 500 | 500 | |||
| GSTR-9 | |||||
| Table 6 | 1000 |
2.What to do when ineligible ITC has been availed in 3B but not reversed till date?
Reverse through DRC 03 along with Interest from the date of availing the credit.
| As per books | IGST | CGST | SGST | Cess | |
|
3B – Table 4(A)(5)
| 1000 | ||||
| 3B Table 4(C) | 1000 | ||||
| 3B Table 4(D) | 100 | ||||
|
As reported in 3B – April 2020
| |||||
|
3B – Table 4(A)(5)
| 1000 | ||||
| 3B Table 4(C) | 1000 | ||||
| GSTR-9 | |||||
| Table 6 | 1000 |
Correction with DRC 03 – Annual Return Option
3. ITC availed where Place of Supply is not your state, while the credit is not blocked in 17(5). What should you do?
If Place of Supply is not same as Location of Recipient, the credit of CGST & SGST is not available and will not be visible in Table 8A. So, if such ITC is claimed it has to be Reversed along with Interest and to be reported in Table 7 other Reversals.
Example
A’s GSTIN belongs to Karnataka, he bought goods from a supplier B and asked him to ship it Haryana. The Place of Supply mentioned by the B in GSTR 1 is Haryana (06) instead of Karnataka (29).
A claimed the ITC in his 3B and not reversed till date.
Solution – It has to be reversed in Table 7 of GSTR 9.
4. How should I report ITC claimed in the subsequent FY in GSTR 9?
It has to be reported in Table 13 of GSTR 9
Example
| IGST | CGST | SGST | Cess | ||
| As per books | |||||
|
3B – Table 4(A)(5)
| 1000 | ||||
| 3B Table 4(C) | 1000 | ||||
As reported in 3B – April 2024 | |||||
|
3B – Table 4(A)(5)
| 1000 | ||||
| 3B Table 4(C) | 1000 | ||||
|
GSTR-9 Table 6/12/13
| |||||
| Table 13 | 1000 |
6. Are additional documents not required now that 9C isn’t certified?
Documents which were earlier used for filing of GSTR-9C need to be submitted. The requirement of audit has been removed by Notification No 29/2021. Instead, GSTR-9C is to be self certified by the businesses themselves.
7. Credit has been availed on the basis of purchase invoice visible in 2A but not in Table 8A. What should I do?
If GSTR 1 is filed within September due date by the Supplier, it is eligible credit and can be claimed next year.
8. IGST paid on import of Goods, ITC availed next year. How should I report it in Table 8?
Report in 8G in year of payment.
Report in 6E & 8H in year of claim
9. Credit to be reversed under Table 4(B) of GSTR 3B is shown as reduction in 4(A)(5) of GSTR 3B. How to treat that in GSTR 9?
1.Rule 42/43 Reversal shown as reduction in 4(A)(5)
a)In 6B show Gross Credit
b)In 7C/7D show the reversal
c)In 8B we will get Gross credit that matches with 8A
2. Rule 37 Reversal shown as reduction in 4(A)(5)
a) In 6B show Gross Credit
b) In 7A show the reversal
c) In 8B we will get Gross credit that matches with 8A
3. Other Reversal
a) In 6B show Net Credit
10. ISD credit passed including eligible & ineligible. How should I report it in GSTR-3B & GSTR-9?
1.Eligible Credit to b e reported in Table 4A(3) of GSTR-3b & ineligible Table 4(D)(2)
2.Only eligible credit to be shown in Table 6G of GSTR-9