As per the Notification No 12/2024 Central Tax dated 10th July 2024 read with Notification No.20/2024-Central Tax Dated 8th October 2024, for FY 2023-24 onwards, the total credit available for inwards supplies shall be auto-populated in the table 8A of Form GSTR 9 from GSTR-2B of the FY 23-24. Further, in table 8C of Form GSTR-9 total value of ITC on inwards supplies received during the FY but availed in next FY up to specified period, need to be filled manually.
2. Various tickets are received, wherein concerns have been raised regarding possible mismatch between the values of table 8A and 8C of Form GSTR-9 for FY 23-24. It is pertinent to mention that for FY 22-23 in table 8A of Form GSTR-9, values were getting auto populated from GSTR-2A however for FY 23-24 same are being auto populated from GSTR-2B. Therefore, to some extent, in Form GSTR-9 of FY 23-24, values in Table 8A will be inflated in respect of FY 22-23 at the same time values will be lower than expected in respect of FY 23-24, hence there will be a mismatch between the two tables i.e. 8A and 8C. Few scenarios in this regard are advised hereunder: –
| Sr. No. | Issue | Reporting in GSTR-9 |
|---|---|---|
| 1 | Invoice having the date of FY 2023-24 but the supplier has reported in the GSTR-1 after the due date of March 2024. As a result, this amount is not auto-populated in Table 8A of GSTR-9 for FY 2023-24 because it is part of next year’s GSTR-2B. How to report such transactions in the GSTR-9 of FY 2023-24? | Taxpayer shall report such ITC in Table 8C and Table 13 as this pertains to ITC of FY 2023-24. This aligns with the instructions for Table 8C and Table 13 of GSTR-9. |
| 2 | Invoice belongs to FY 2023-24, and ITC has been claimed in FY 2023-24. Due to payment not made to the supplier within 180 days, ITC was reversed in FY 2023-24 as per the second proviso to Section 16(2). The ITC is reclaimed in FY 2024-25 after making payment to the supplier. How to report such transactions in GSTR-9 for FY 2023-24? | This reclaimed ITC shall be reported in Table 6H of GSTR-9 for FY 2024-25 and not in Table 8C or Table 13 of GSTR-9 for FY 2023-24. This follows the instructions for Table 13 in the notified GSTR-9. Similar reporting is applicable for ITC reclaimed under Rule 37A. |
| 3 | Invoice belongs to FY 2023-24 but goods not received in FY 2023-24. Therefore, ITC is claimed in Table 4A5 of GSTR-3B and reversed in Table 4B2 as per Circular 170 guidelines. Such ITC is reclaimed in FY 2024-25 within the specified time. How to report such transactions in GSTR-9 for FY 2023-24? | Taxpayer shall report such reclaimed ITC in Table 8C and Table 13 as this pertains to ITC of FY 2023-24. |
| 4 | Invoice belongs to FY 2022-23 but appears in Table 8A of GSTR-9 for FY 2023-24 because the supplier reported it in GSTR-1 after the due date for filing GSTR-1 for March 2023. How to report such transactions in GSTR-9 for FY 2023-24? | This pertains to ITC of FY 2022-23 and was auto-populated in Table 8A of GSTR-9 for FY 2022-23. Therefore, it should not be reported in Table 8C or Table 13 of GSTR-9 for FY 2023-24. This aligns with Instruction No. 2A in the notified GSTR-9, which states that Tables 4, 5, 6, and 7 should only contain details of the current FY. |
| 5 | Where to report the reclaim of ITC for an invoice that belongs to FY 2023-24, which is claimed, reversed, and reclaimed in the same year? | As clarified by the CBIC Press Release dated July 3, 2019 (para K), the label in Table 6H states that the information in Table 6H is exclusive of Table 6B. Therefore, such ITC should be declared in one of these rows only. The same should not be reported in the reversal under Table 7 of GSTR-9 for FY 2023-24. |
Key Points
- Ensure compliance with the reporting format in Tables 8A, 8C, and 13 as per the updated instructions for GSTR-9 of FY 2023-24.
- Mismatches are expected due to changes in auto-population rules from GSTR-2A (FY 2022-23) to GSTR-2B (FY 2023-24).
- Follow specific reporting guidelines for transactions involving reclaim, reversal, or delayed reporting of ITC.
Thank You,
Team GSTN
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Good article especially because of illustrations