Excess ITC Claimed & Reversed in same FY, reporting dilemma in GSTR9?, Goods and Services Tax - GST

[Kush Lodha]

Hello Sir,

I have wrongly availed ₹ 700 ITC in GSTR-3B (All other ITC) & then reversed next month in 3B within same FY by showing ₹ 700 under Reversal Others Column. In Table 6 of GSTR-9 the ITC availed my total ITC is ₹ 2000 (including above 700) as it captures Table 4A data of GSTR-3B. I put the breakup here as ₹ 2000 under Inputs in table 6 & put reversal in Table 7. But in Table 8, diff between ITC as per 2A (₹ 1300) & ITC as per data fetched from Table 6 (₹ 2000) shows negative value of ₹ 700 as the value i put under reversals in Table 7 doesn't have effected here. What to do in such a case?

Can i reduce the figure in table 6 as input claimed is ₹ 1300 and do not show anything in Table7? Although there will be difference in table 6 but table 8 will be matched in such a case. (Although it might have impact on GSTR-9C i suppose).

Please suggest which one is better option.

Thanks & regards.

Posts / Replies

[Padmanathan Kollengode]

You have two options,

Option 1 is to show 2000 in Table 6 and 700 in Table 7. In this case, there will be a difference in table 8 but it would not matter, as that difference is already reversed.

Option 2 is to show net 1300 in Table 6. In this case, there will not be any difference in Table 8.

Personally, I would prefer the first option as I feel it is the correct disclosure as per instructions to GSTR-9