Sir, your video and explanations are valued. You are genious and above all other CAs on you tube. All the doubts and complications are solved by you in genuine way.
Dear Sir, I am the business owner and file 9 and 9C myself. Your video is very simple to understand. I watched few areas multiple times. This year I will file it myself as its last 2 days. But after seeing your video, it is clear that it is a work of a professional, and I will be engaging one going forward. It's a good learning for me. Thank you very much and appreciate the effort that you have put in making this video of nearly 2 hours. Respect!
Thank you for sharing such valuable and clear knowledge about GST. Your insights have greatly enhanced my understanding and made complex concepts easier to grasp. Please continue providing this helpful guidance in the future
Sir.. Your explantions are too good and simple to understand.. Only one request.. Pls use english fully.. Non hindi members cant understand some critical points.
ITC claimed in GSTR3B 4A(5) and reverse in 4B(1) and 4B(2) in a month and reclaimed after few month in 4A(5) in same F.Y. 2023-24,sir please let me know how to report in GSTR-9
Kindly revise the GSTR-9 as follows: Add the amount reversed in GSTR-3B to Table 6B of GSTR-9. Reverse the same amount in Column 7 of GSTR-9. After these adjustments, the difference will reflect in Table 6J of GSTR-9, representing: The brought forward (BF) credit claimed during the year, and The carry forward (CF) credit claimed in the subsequent year, if such figures are available. If no difference is observed (i.e., Table 6J shows nil), please include a comment in GSTR-9C stating: "Reversal as per consolidated GSTR-3B added to Table 6B."
Scenario: TOS: 30-Apr-23 Tax period: Apr-23 ITC: ₹100 In May-23: Purchase made. ITC: Communicated (through-2B) and Claimed in 4A(5). In Oct-23: ITC Reversed-payment not made until 30-Sep-23. In Nov-23: ITC reclaimable-reclaimed. Payment has been made on 01-Oct-23. Mathematical effect: 3B of Apr-23: + ₹100 3B of Sep-23: - ₹100 3B of Oct-23: + ₹100 ----------------------- Net effect: + ₹100 Enter directly ₹100 in table 6B of GSTR-9
Fy23-24 ki itc 23-24 me hi claim reverse aur reclaim kri h toh woh detail 2baar table 6(b) me aayegi to aapko bus ek baar show krna h aur table 7 me reversal show nhi krna h
Sir mujhe ek baat samajh mein nhi aa rahi hai advisory ki aur jo apne bataya no 1. Ki agar hum advisory ko dhyan mein rakhte hue section 16 of sub section 2 ko read karte hai toh Gstr2b mein toh invoice communicate hua hi nhi hai 23 24 mein toh vo 8c table 13 mein kaise aayega. As par my view mujhe lagta hai ki jab GSTR2B main aaya hi nhi hai toh vo hum 8c 13 mein nhi dikhayege mujhe lagta hai ye ye advisory ka 1 point galat hai please please please reply this is my view. And as par section 16 2 (aa)
what to do if nil rated/exempted supply shown in gstr 1 as 0% supply insted of showing same in table 8 of gstr 1, how to reconcile same in gstr 9 and 9c
Hello sir Meri table 14 me negative value aa rahi h kyoki ek bill ko amend karke uski value ko zero kar Diya tha ab Jo us bill ka tax h vo table 14 me minus me aa rha h to kya karoo? Uske samne paid wale column me bhi negative me figure dal dein kya??
In 2023-24 some block itc wrongly report in table no 4 b 2 coloum,and such itc appear in gst portal in re claimed cloumn,now how to correct this error and how to show in gstr 9
Where to report Sale of Fixed Assets in 9C. In 9C we have to reconcile with Books. But in Books only profit/loss from sale of FA will reflect however GST has been paid on sale value.
What are the correction can we do in Table 6B. Genune reasons for difference between 6A and 6B.Can we show in 6B net off reversals reported in Table 7? a little bit confuse.
Jo f. Y. 23-24 itc hum 2024-25 claim karenge jo 2024-25 ke Gstr-2b show ho rahi he wo 8C aur 13 me dikha rahe vo F. Y. 23-24 ke annual return me 6B aayega k nahi
If a credit note pertaining to FY 2023-24 was missed in Form GSTR-1 and is now recorded in the books, the liability for the same cannot be reduced after November 30, 2024, as per GST provisions.
@@cabimaljain but sir Credit note is Consider in audit what will the impact to those credit note in GSTR-9 & 9C that C/N enter in book, consider in audit but miss in gstr-1 & GSTR-3B
Last year ka closing Input (means input for FY 22-23, taken in Apr to Nov 23, shown last year 8C in GSTR 9) current year GSTR 9 me show krne ka option nhi hai. Bahut log wrong interpretation k wajah se Table 13 me show krte hai jbki 8C & 13 sath sath travel krta hai, as per example in the video. There should be option to disclose opening input in current year GSTR 9. @vimaljain sir Please guide for this query.
sir gst wale cheejo ko itna complicated kyu kr dete hai. bina soche aise form nikalte kyu hai jo sabhi ka sir dard kar de wo bhi bina kisi clarification k
Because of 1. advisory issued by GSTN; 2. Even though ITC appeared in next F.Y.'s Form GSTR-2B, but actually it is current year's ITC; The main issue which GSTN/CBIC isn't understanding since 2017 is the bad drafting of Form GSTR-9. No use of it. No option for claiming left ITC, nothing. Just a waste of time.
Since Table 6A is auto-populated from the GSTR-3B of the current financial year, any ITC claimed in the subsequent year must be disclosed in Table 8C, as the invoice pertains to the current year. This ensures accurate reconciliation and compliance with GST provisions, capturing ITC that was not claimed earlier or reflected in the next year’s GSTR-2B but relates to the current financial year.
In gstr3b we are allowed to claim itc from GSTR2B only.. and need to reverse accordingly.. den how come situation will occurr that Gstr2b itc is claimed in next financial year??
@@namandokania1 there is two situations first , supplier has upload your invoice in next fy although invoice date belongs to current fy and 2ndly when itc was available on portal but some how it will not claimed by u in current fy.
As per the Advisory dated 09.12.2024, it does not mandate ignoring Form GSTR-2B and relying solely on Form GSTR-2A. The law allows claiming ITC for a financial year in the subsequent year until November 30th. If ITC is reflected in Form GSTR-2B, it should be claimed in the corresponding Form GSTR-3B. However, for missed or delayed ITC claims, reporting is to be done as per the guidelines, with differences reflected in Table 8D. Therefore, filing Form GSTR-9 should align with the prescribed reconciliation process, and Table 8 should not be ignored.
Bimal sir, Two questions 1. Where to report in GSTR 9 of Itc of 23-24 claimed in 24-25 and reversed before AR becaused of not paid within 180days. 2.Excess gst paid for excess O/s reorted in 23-24, but rectified by amending within 16(4) and adjusting against tax liabilities for 24-25 Tks & Rgds
No 'cuz table 9 is related to output not input so you have to report in table 7(h) as others and mention the total amount itc reversal during the financial year 23-24. In account of rule37,38,39,42,43,17(5)
Sales in GST1 in FY 2023-24 shown correctly but shown less in GST3B. Later in april 2024 it was increased in GST3B. which table of GST-9 will impact ? Whether Table 4 figures to change ?
@@kamalsrivastava3671 agar aap 9c file karte hai toh aapko table 13 mein difference ka reason batana hai agar aap only 9 file kar rahe hai toh aapko only 6b mein 22 23 ko less karna hai aur reconciliation pne pass rakhne hai baki jo apka 22 23 ka 9 hoga use ye difference clear ho jayega don't worry sir difference Ane mein dikkat nhi hai bas apne reconcile sahi kiya ho
@@Sonuthakur-me3qu Got it. Just wanted to know what's the purpose of table 6M. ITC claimed in 3B-4A reflects in 6A of GSTR-9. What is the other ITC to be reported in 6M. There has to be a reason if this table has been included.
sir if sales of FY 23-24 is shown in next year GSTR 1 without showing in amendment then can we adjust it in Table 10 of GSTR -9 ? Will Declaring it lead to notice from deptt. ? If so, how this situation be tackled if 9C is not applicable ?
Sir... Why under important message "Steps to be taken" in Annual Return that "Additonal liability declared in Annual Return need to pay through Cash ledger" only .
Pehle jo different hai vo Ane do aur 9c ki table no 13 mein reason dal toh ki this is difference of fy 22 23 table no 8c and of 13 please match okk sir
Sir, I want to ask a question that After taking GSTIN registration voluntarily (without crossing threshold limit) He has to collect GST and comply to the Deptt.
Sir my 8D is showing difference ITC which I have not availed as it was ineligible, what to do? Where to show itc claimed of F. Y 22-23 in annual return as it reflected in 2B of 23-24, so itc claimed
Sir, if we have not reversed common ITC related to 22-23 or previous years and now reversed in FY 23-24 in 4(B)(1). Where we have to show the same in GSTR-9 of FY 23-24 ? Interest received on Debenture should be shown in NIL/Exempt Income or not? ITC taken and reversed in FY 23-24 and not taken till the time. Now we realized that same ITC is not recoverable. How to show the same in GSTR-9 of FY 23-24 ? In books Accrued Interest booked on FD or Inter Company Deposit as Other Income but not received in FY 23-24, may be received in FY 24-25 or later on. Can we shown as FY 23-24 turnover in GSTR-9?
Will Aggregate turnover include Indirect income and Income declared in Other source on which was not paid Like Interest on Secuity deposits, Income tax refund, CApital gain etc
If table 8D is negative due to 8C only and there is some ineligible credit in 8A which is not availed in gstr 3b so also not appearing in 8B of gstr 9 Is that ineligible credit is still required to be reported in 8E & 8F OR not ?
Inv Dt of FY 23-24, but supplier filed GST Return in FY 24-25, Inv Available In FY 24-25 GSTR-2B, Cliamed & Reversed as GST only Inv in FY 24-25 but not reclaimed yet due to not in books (till Nov 24 3B and if invoice not booked in our books in future also)(claimed in FY 24-25 GSTR 3B Table No. 4A5 & Reversed in FY 24-25 GSTR 3B Table No 4B2), Do we Need to report these amt in FY 23-24 GSTR 9 Table or in FY 24-25 GSTR 9 Table (Not Reclaimed ITC)
Sir please 🙏 mere question ka answer kijiyega.. ITC of Capital goods of the F.Y. 2022-23 but reflected in F.Y. 2023-24. AND if ITC of Capital goods of the F.Y. 2023-24 would reflect in F.Y. 2024-25 where shall I bifurcate of capital goods input ?? Please elaborate in both cases. Since Table6 of GSTR9 is only for Current FY where ITC was availed.
As per the Advisory dated 09.12.2024, reclaimed ITC pertaining to FY 2023-24 must be reported in Table 8C and Table 13, even if the goods are received in FY 2024-25. This ensures compliance with GST provisions, as the invoice relates to FY 2023-24.
For the invoice for May 23, ITC of Rs.10000 was claimed in 4A(5) of 3B as it is available in 2B. Due to nonpayment, ITC reversed in Nov'23 in 4B(2) and reclaimed in Jan'24. In GSTR 9, 6B-Rs.10000 for ITC claimed in May'23, 7A -Rs.10000 for reversal in Nov'23, and 6H - Rs.10000 for reclaim in Jan'24. With this 8B will be auto-populated with Rs.20000(6B+6H) resulting in a negative difference in 8D of Rs.10000. If 6B and 7A are not filled then receiving notices for difference in 3B and GSTR09.
Sir, your video and explanations are valued. You are genious and above all other CAs on you tube. All the doubts and complications are solved by you in genuine way.
Dear Sir, I am the business owner and file 9 and 9C myself. Your video is very simple to understand. I watched few areas multiple times. This year I will file it myself as its last 2 days. But after seeing your video, it is clear that it is a work of a professional, and I will be engaging one going forward. It's a good learning for me. Thank you very much and appreciate the effort that you have put in making this video of nearly 2 hours. Respect!
Great sir. Clear & Crystal explanation. Thanks a lot sir.
Thank you for sharing such valuable and clear knowledge about GST. Your insights have greatly enhanced my understanding and made complex concepts easier to grasp. Please continue providing this helpful guidance in the future
Sir.. Your explantions are too good and simple to understand.. Only one request.. Pls use english fully.. Non hindi members cant understand some critical points.
ITC claimed in GSTR3B 4A(5) and reverse in 4B(1) and 4B(2) in a month and reclaimed after few month in 4A(5) in same F.Y. 2023-24,sir please let me know how to report in GSTR-9
Same problem facing by myself during filing of GSTR -9
Kindly revise the GSTR-9 as follows:
Add the amount reversed in GSTR-3B to Table 6B of GSTR-9.
Reverse the same amount in Column 7 of GSTR-9.
After these adjustments, the difference will reflect in Table 6J of GSTR-9, representing:
The brought forward (BF) credit claimed during the year, and
The carry forward (CF) credit claimed in the subsequent year, if such figures are available.
If no difference is observed (i.e., Table 6J shows nil), please include a comment in GSTR-9C stating: "Reversal as per consolidated GSTR-3B added to Table 6B."
Scenario:
TOS: 30-Apr-23
Tax period: Apr-23
ITC: ₹100
In May-23:
Purchase made.
ITC: Communicated (through-2B) and Claimed in 4A(5).
In Oct-23:
ITC Reversed-payment not made until 30-Sep-23.
In Nov-23:
ITC reclaimable-reclaimed. Payment has been made on 01-Oct-23.
Mathematical effect:
3B of Apr-23: + ₹100
3B of Sep-23: - ₹100
3B of Oct-23: + ₹100
-----------------------
Net effect: + ₹100
Enter directly ₹100 in table 6B of GSTR-9
Please reply for this doubt.
Fy23-24 ki itc 23-24 me hi claim reverse aur reclaim kri h toh woh detail 2baar table 6(b) me aayegi to aapko bus ek baar show krna h aur table 7 me reversal show nhi krna h
Really useful video, eye opener
Nice video sir
Got everything
what you said sir excellent
Yes❤radhe radhe❤
sir well expained.
Sir thanks for this useful video
Great & well explained sir
Yes, Understood Sir
I have understand point no 2 of advisory for reclaim very nice
Sir mujhe ek baat samajh mein nhi aa rahi hai advisory ki aur jo apne bataya no 1. Ki agar hum advisory ko dhyan mein rakhte hue section 16 of sub section 2 ko read karte hai toh Gstr2b mein toh invoice communicate hua hi nhi hai 23 24 mein toh vo 8c table 13 mein kaise aayega. As par my view mujhe lagta hai ki jab GSTR2B main aaya hi nhi hai toh vo hum 8c 13 mein nhi dikhayege mujhe lagta hai ye ye advisory ka 1 point galat hai please please please reply this is my view. And as par section 16 2 (aa)
what to do if nil rated/exempted supply shown in gstr 1 as 0% supply insted of showing same in table 8 of gstr 1, how to reconcile same in gstr 9 and 9c
Main concern formula connectivity ka log fizul questions raise kar rahe gai. Gst 9 mein tables ko connect waley wrong hai
The turnover to ecommerce operator u/s 9(5) declared in gstr 4G1 is not considered in total turnover of the assessee
Hello sir
Meri table 14 me negative value aa rahi h kyoki ek bill ko amend karke uski value ko zero kar Diya tha ab Jo us bill ka tax h vo table 14 me minus me aa rha h to kya karoo?
Uske samne paid wale column me bhi negative me figure dal dein kya??
In 2023-24 some block itc wrongly report in table no 4 b 2 coloum,and such itc appear in gst portal in re claimed cloumn,now how to correct this error and how to show in gstr 9
Where to report Sale of Fixed Assets in 9C. In 9C we have to reconcile with Books. But in Books only profit/loss from sale of FA will reflect however GST has been paid on sale value.
What are the correction can we do in Table 6B. Genune reasons for difference between 6A and 6B.Can we show in 6B net off reversals reported in Table 7? a little bit confuse.
Where to record the books credit then, if not in Table 6B
Nicely Explained Sir..
Thanks a lot Sir for your efforts 😊
Jo f. Y. 23-24 itc hum 2024-25 claim karenge jo 2024-25 ke Gstr-2b show ho rahi he wo 8C aur 13 me dikha rahe vo F. Y. 23-24 ke annual return me 6B aayega k nahi
Sir, in FY 2023-24 Credit Not missed in GSTR1, But Enter in books now whta will be do in gstr-9 & 9c
If a credit note pertaining to FY 2023-24 was missed in Form GSTR-1 and is now recorded in the books, the liability for the same cannot be reduced after November 30, 2024, as per GST provisions.
@@cabimaljain but sir Credit note is Consider in audit what will the impact to those credit note in GSTR-9 & 9C that C/N enter in book, consider in audit but miss in gstr-1 & GSTR-3B
Gross ITC showing in GSTR-9 T.8-B Without Considering ITC Reversal of Credit Note GSTR- T.7-I, Hence, Difference arising in GSTR-9 T.8-D.
Last year ka closing Input (means input for FY 22-23, taken in Apr to Nov 23, shown last year 8C in GSTR 9) current year GSTR 9 me show krne ka option nhi hai. Bahut log wrong interpretation k wajah se Table 13 me show krte hai jbki 8C & 13 sath sath travel krta hai, as per example in the video. There should be option to disclose opening input in current year GSTR 9. @vimaljain sir Please guide for this query.
sir gst wale cheejo ko itna complicated kyu kr dete hai. bina soche aise form nikalte kyu hai jo sabhi ka sir dard kar de wo bhi bina kisi clarification k
Sir . If we are comparing 2B with 3B then why should we add ITC reflected in next fy in table 8C
Because of
1. advisory issued by GSTN;
2. Even though ITC appeared in next F.Y.'s Form GSTR-2B, but actually it is current year's ITC;
The main issue which GSTN/CBIC isn't understanding since 2017 is the bad drafting of Form GSTR-9. No use of it. No option for claiming left ITC, nothing. Just a waste of time.
@yashkeshari17 advisory is not mandatory na
Since Table 6A is auto-populated from the GSTR-3B of the current financial year, any ITC claimed in the subsequent year must be disclosed in Table 8C, as the invoice pertains to the current year. This ensures accurate reconciliation and compliance with GST provisions, capturing ITC that was not claimed earlier or reflected in the next year’s GSTR-2B but relates to the current financial year.
In gstr3b we are allowed to claim itc from GSTR2B only.. and need to reverse accordingly.. den how come situation will occurr that Gstr2b itc is claimed in next financial year??
@@namandokania1 there is two situations first , supplier has upload your invoice in next fy although invoice date belongs to current fy and 2ndly when itc was available on portal but some how it will not claimed by u in current fy.
What is the purpose of changes in table 8 of gstr 9 . Kindly explain
If we have follow the advisory in this case we shall file the gstr 9 as deemed to gstr 2 a not 2 b and fully ignore the table 8
As per the Advisory dated 09.12.2024, it does not mandate ignoring Form GSTR-2B and relying solely on Form GSTR-2A. The law allows claiming ITC for a financial year in the subsequent year until November 30th. If ITC is reflected in Form GSTR-2B, it should be claimed in the corresponding Form GSTR-3B. However, for missed or delayed ITC claims, reporting is to be done as per the guidelines, with differences reflected in Table 8D. Therefore, filing Form GSTR-9 should align with the prescribed reconciliation process, and Table 8 should not be ignored.
Bimal sir,
Two questions
1. Where to report in GSTR 9 of Itc of 23-24 claimed in 24-25 and reversed before AR becaused of not paid within 180days.
2.Excess gst paid for excess O/s reorted in 23-24, but rectified by amending within 16(4) and adjusting against tax liabilities for 24-25
Tks & Rgds
Sir
Temporary reversal GSTR3B Table no 4B2, and ITC Reclaimed showing GSTR-3B table no 4D1, where is showing GSTR9 which table?
Dear sir where to report financial credit notes in GSTR 9 and GSTR 9C
@@puranamvenkatanagasatyanar3155 Financial Credit Note is not a part of any GST return.
Sir, If we have some reversal of ITC do we need to adjust in Table 9 Tax payable.
No 'cuz table 9 is related to output not input so you have to report in table 7(h) as others and mention the total amount itc reversal during the financial year 23-24. In account of rule37,38,39,42,43,17(5)
There is a reclaim itc ledger so it will be matched
Sales in GST1 in FY 2023-24 shown correctly but shown less in GST3B. Later in april 2024 it was increased in GST3B. which table of GST-9 will impact ?
Whether Table 4 figures to change ?
Sir, but gstr 9 form instructions says that payment can be through DRC-03 only by way of cash ledger.
Interest and Late fees to be paid through Cash ledger only.
Sir, IS SELF INVOICE FOR RCM REQUIRED FOR UNREGISTERED SUPPLIER OR BOTH SUPPLIER
For un-registered supplier only
ITC of 2B- FY 22-23 availed in FY 23-24 by the specified date. Can this be shown in 6M
Apko Aisa nhi karna hai ki 22 23 ka ITC apne 6m mein dikhao 22 23 ka ITC apko less karke dikhna hai. 6m mein mat dikhna
@@Sonuthakur-me3qu reduced in 6B and difference is coming in 6J. Now what is the significance of table 6M, this I fail to understand.
@@kamalsrivastava3671 agar aap 9c file karte hai toh aapko table 13 mein difference ka reason batana hai agar aap only 9 file kar rahe hai toh aapko only 6b mein 22 23 ko less karna hai aur reconciliation pne pass rakhne hai baki jo apka 22 23 ka 9 hoga use ye difference clear ho jayega don't worry sir difference Ane mein dikkat nhi hai bas apne reconcile sahi kiya ho
@@Sonuthakur-me3qu Got it. Just wanted to know what's the purpose of table 6M. ITC claimed in 3B-4A reflects in 6A of GSTR-9. What is the other ITC to be reported in 6M. There has to be a reason if this table has been included.
@@kamalsrivastava3671 isme section 18 ka ITC aayega etc.
Gst liability declared in R1 23-24 BUT TAX PAID IN 3B FY 24-25
HOW SHOW IN R9 AND RC ?
thanks for very helpful video
Insightful
Yes sir, clear
sir if sales of FY 23-24 is shown in next year GSTR 1 without showing in amendment then can we adjust it in Table 10 of GSTR -9 ? Will Declaring it lead to notice from deptt. ? If so, how this situation be tackled if 9C is not applicable ?
Thanks, nicely explained
good sir
Nice direction for GSTR-9 Sir
Sir... Why under important message "Steps to be taken" in Annual Return that "Additonal liability declared in Annual Return need to pay through Cash ledger" only .
You can pay e credit ledger sir you have a option this payment
@Sonuthakur-me3qu yes I know . then why portal has written this
22-23 ka 23-24 mein claim kia hai to gstr9 2023-24 mein kaha dikhaye?
Diffrence in t-6 J ma aane do
@himanshuagarwal2949 gstr 9c k table no.12 mein b difference ayega iska..usko kya krna hoga?
Pehle jo different hai vo Ane do aur 9c ki table no 13 mein reason dal toh ki this is difference of fy 22 23 table no 8c and of 13 please match okk sir
@@Sonuthakur-me3qu thank sir
Sir can we get this sheet for our reference?
👍👍
Input of 22-23 claimed in 23-24 59:05
How to show in 3B in FY 24-25
If debit notel/credit note is issued for a period of the fy 23-24 transaction in fy 24-25, it is to be shown in table 10, 11 of fy 23-24? 6:14
Yes apko dekhna hoga agar aap liability ko badate hai ya kam karte hai toh apko 10 11 mein dekhna hoga aur table no 14 mein effect jayega 9 ke
Sir, I want to ask a question that After taking GSTIN registration voluntarily (without crossing threshold limit) He has to collect GST and comply to the Deptt.
yes pls
Sir my 8D is showing difference ITC which I have not availed as it was ineligible, what to do? Where to show itc claimed of F. Y 22-23 in annual return as it reflected in 2B of 23-24, so itc claimed
8 d me difference ayega 22-23 ki itc ka aur 24-25 ki itc ka bhi.
If the invoice of the FY 2023-24 reported in FY 2024-25 then which table of GSTR 9 we should be reported for that
Table 10
Yesssssssssss
Sir, if we have not reversed common ITC related to 22-23 or previous years and now reversed in FY 23-24 in 4(B)(1). Where we have to show the same in GSTR-9 of FY 23-24 ?
Interest received on Debenture should be shown in NIL/Exempt Income or not?
ITC taken and reversed in FY 23-24 and not taken till the time. Now we realized that same ITC is not recoverable. How to show the same in GSTR-9 of FY 23-24 ?
In books Accrued Interest booked on FD or Inter Company Deposit as Other Income but not received in FY 23-24, may be received in FY 24-25 or later on. Can we shown as FY 23-24 turnover in GSTR-9?
@bimal jain Sir pls reply
Will Aggregate turnover include Indirect income and Income declared in Other source on which was not paid Like Interest on Secuity deposits, Income tax refund, CApital gain etc
Sir Table 8B id Auto Populated (Gross ITC) while Tale 8A is Net ITC as per GSTR-2B how we can report the Negative Diff. in Table 8D
Since Table 6A in GSTR-9 is derived from Table 4 of Form GSTR-3B and already reflects net ITC, it should ideally align with Table 8A
Thank u sir ji
If table 8D is negative due to 8C only and there is some ineligible credit in 8A which is not availed in gstr 3b so also not appearing in 8B of gstr 9
Is that ineligible credit is still required to be reported in 8E & 8F OR not ?
yes
Inv Dt of FY 23-24, but supplier filed GST Return in FY 24-25, Inv Available In FY 24-25 GSTR-2B, Cliamed & Reversed as GST only Inv in FY 24-25 but not reclaimed yet due to not in books (till Nov 24 3B and if invoice not booked in our books in future also)(claimed in FY 24-25 GSTR 3B Table No. 4A5 & Reversed in FY 24-25 GSTR 3B Table No 4B2),
Do we Need to report these amt in FY 23-24 GSTR 9 Table or in FY 24-25 GSTR 9 Table (Not Reclaimed ITC)
Reclaim Such ITC in Current Month in GSTR-3B T-4-(D1) and in GSTR-9 T-6H.
if you Spoke in english... it is useful to all...
Sir please 🙏 mere question ka answer kijiyega.. ITC of Capital goods of the F.Y. 2022-23 but reflected in F.Y. 2023-24. AND if ITC of Capital goods of the F.Y. 2023-24 would reflect in F.Y. 2024-25 where shall I bifurcate of capital goods input ?? Please elaborate in both cases. Since Table6 of GSTR9 is only for Current FY where ITC was availed.
Yes Sir
Ok sir
Clear Sir
YES
Sir you are great
yes got it
sir circular no
15:26
Very Clear
yes
Yes
Sir please guide on where ITC of FY 2022-23 which was claimed in GSTR 3B of Fy 2023-24 ( April to Oct) should be shown in GSTR 9 of Fy 2023-24
Discussed in the video...Pls watch carefully for answer on your query
i understand
When goods not received in FY 23-24 how can we claim in 8C
As per the Advisory dated 09.12.2024, reclaimed ITC pertaining to FY 2023-24 must be reported in Table 8C and Table 13, even if the goods are received in FY 2024-25. This ensures compliance with GST provisions, as the invoice relates to FY 2023-24.
kamal hasan teachhing GST
8C and 13
No
Sheet
8c & 13
For the invoice for May 23, ITC of Rs.10000 was claimed in 4A(5) of 3B as it is available in 2B. Due to nonpayment, ITC reversed in Nov'23 in 4B(2) and reclaimed in Jan'24. In GSTR 9, 6B-Rs.10000 for ITC claimed in May'23, 7A -Rs.10000 for reversal in Nov'23, and 6H - Rs.10000 for reclaim in Jan'24. With this 8B will be auto-populated with Rs.20000(6B+6H) resulting in a negative difference in 8D of Rs.10000. If 6B and 7A are not filled then receiving notices for difference in 3B and GSTR09.
Clear Sir
yes
Yes
yes
Yes
yes
Yes
yes
Yes
yes
Yes