Question ID :
38195
GST
Dear Sir,
We have purchased material in March 2018 the party has shown it in March 2A 2018 and we have received the material in April 2018 and claimed in April. The GSTR 9 2A credit in Table 8 is showing this extra amount. Where to show it in GSTR 9. Can we show it in Point 8 (C). and What is the difference in Point 8 (C) and Point 13
Posted by
VIPIN GUPTA
on
Jun 08, 2019
Filed Under
GST
you have to account the transaction in 2018-19 only as you can take IPT credit only on receipt of the goods, you can reconcile the IPT as per 2A and your claim in2017-18
Posted by
CA. VENKITARAMAN K V on
Jun 09, 2019
Answer ID :
76819
Yes , You can show that credit in 8C of 2017-18 availed in 3B in 2018-19 .
Posted by
HARJEET on
Jun 10, 2019
Answer ID :
76838
Hi Vipin ji,
Point 8(C) should be filled by Aggregate value of input tax credit availed on all inward supplies (except those on which tax is payable on reverse charge basis but includes supply of services received from SEZs) received during July 2017 to March 2018 but credit on which was availed between April to September 2018 shall be declared here. Table 4(A)(5) of FORM GSTR-3B may be used for filling up these details.
Point 13 should be filled up by Details of ITC for goods or services received in the previous financial year but ITC for the same was availed in returns filed for the months of April to September of the current financial year or date of filing of Annual Return for the previous financial year whichever is earlier shall be declared here. Table 4(A) of FORM GSTR-3B may be used for filling up these details. However, any ITC which was reversed in the FY 2017-18 as per second proviso to sub- section (2) of section 16 but was reclaimed in FY 2018-19, the details of such ITC reclaimed shall be furnished in the annual return for FY 2018-19.
In your case, ITC on inward supplies received in April 2018 should not report anywhere in GSTR-9 of F.Y. 2017-18.
Posted by
Ashish Gupta on
Jun 12, 2019