Advisory on Addressing Mismatches in Table 8A and 8C of GSTR-9 for FY 2023-24
This advisory outlines key points related to the treatment of input tax credit (ITC) discrepancies in Table 8A and Table 8C of GSTR-9 for FY 2023-24. The following highlights summarize the guidance provided:
Key Points:
- Auto-population Source Change:
- For FY 2023-24, Table 8A is auto-populated from GSTR-2B, unlike FY 2022-23 when it was based on GSTR-2A. This change may cause:
- Inflation of ITC for FY 22-23 transactions reported late.
- Deflation of ITC for FY 23-24 transactions reported in subsequent periods.
- For FY 2023-24, Table 8A is auto-populated from GSTR-2B, unlike FY 2022-23 when it was based on GSTR-2A. This change may cause:
- Manual Reporting in Table 8C:
- Taxpayers must manually fill Table 8C with ITC for FY 2023-24 availed in the next financial year (FY 2024-25) before the specified time limit.
Common Scenarios and Advisory:
|
Scenario |
Advisory/Reporting Method |
|---|---|
|
1. Late Reporting by Supplier: Invoice dated FY 2023-24 but reported by the supplier after March 2024, thus appearing in FY 2024-25's GSTR-2B. |
Report ITC in Table 8C and Table 13 of GSTR-9 for FY 2023-24. |
|
2. ITC Reversed Due to Payment Delay: ITC of FY 2023-24 reversed in the same year due to payment not made within 180 days and reclaimed in FY 2024-25. |
Report reclaimed ITC in Table 6H of GSTR-9 for FY 2024-25. Do not include in Table 8C or Table 13 for FY 2023-24. |
|
3. ITC Reversed for Non-Receipt of Goods: ITC reversed in FY 2023-24 as goods were not received, later reclaimed in FY 2024-25. |
Report reclaimed ITC in Table 8C and Table 13 of GSTR-9 for FY 2023-24. |
|
4. Prior Year Invoices: Invoice from FY 2022-23 appearing in Table 8A of GSTR-9 for FY 2023-24 due to delayed reporting by the supplier. |
Exclude from Table 8C and Table 13 of GSTR-9 for FY 2023-24, as it pertains to FY 2022-23. |
|
5. ITC Claimed, Reversed, and Reclaimed in Same Year: Invoice belongs to FY 2023-24 with ITC claimed, reversed, and reclaimed in FY 2023-24. |
Report ITC in Table 6H or Table 6B of GSTR-9 for FY 2023-24 as per the CBIC press release (3rd July 2019). Avoid duplicate reporting under reversals in Table 7. |
Additional Notes:
- Table 8C and Table 13 should only include ITC transactions directly related to FY 2023-24, aligning with the form’s instructions.
- Follow CBIC's circulars and press releases for precise clarifications on reporting methods.
This structured approach ensures compliance while addressing mismatches and aligning reporting with regulatory requirements.