🚨GSTIN Important Advisory to File GSTR 9 for FY 2023 24

[@1986_SRK]

Govt be like :- ये प्रॉब्लम कभी सॉल्व नहीं होनी चाहिए बल्कि इनका issue बना के राजनीति खेलनी चाहिए😂😂

[@FinTaxPro]

hehe

[@nidhibhoir6921]

Sir, as per circular 170 we have claim the ITC in table 4A5 but some of the ITC reversed under Rule 42, Some under Rule 17(5) and some in other reversal for reclaim. Now in table 8 ITC claim as per table 6 A to h is directly auto populated. In this case we are arriving at very huge difference due to reversal effect not reflected in table 8.

[@Shraddhasomani-b2h]

Thanks for Clarity

[@S.K.Accounting]

Turnover is less than 2 Cr. and March 2024 invoice reported by supplier after due date of GSTR-1, then it mandatory to file GSTR-9.

[@understandthewordsfeelthes3036]

Thanks for sharing helpful information

[@deepak.rajathome]

Thanks for your valuable guidance on gst topics 🎉

[@FinTaxPro]

It's my pleasure

[@RKBTaxConsultancy]

Mar Month ITC, claimed in mar 3B. ITC showing in 2B next year May month. How to report

[@sonjitkar1639]

Itc claimed fy 23-24 but supplier show the bill in next fy year 24-25, how to show the figure in gstr9

[@SunilSharma-qo5zc]

There is difference between amount mentioned in Table 8A and the excel generated from 8A ,what is that difference,portal upload amount in Table 8A by subtracting which element from excel.

[@FinTaxPro]

Please recheck credit note and amended as well

[@ashishjain1549]

Related to point no 4. In table 6A the ITC will be inclusive of last year's also. And we have to exclude this figure as it is not of current year, while bifurcating in table 6B, 6C .... In such case it will show negative balance at last in table 6J. What to do in such case??

[@FinTaxPro]

Maintain the working for difference

[@ronocksamanta7481]

Due to ITC claim, reverse and reclaim in f.y 2023-24 there are differences arise in table no 8. What to do ?

[@avijitadhikary7791]

one of the best sir

[@padmanabha-re8ws]

In GSTR-9 of FY 24-25, we will remove the ITC that belongs to FY 23-24. If the ITC of FY 23-24 is reclaimed in 24-25, then should we remove it from TABLE 6 for FY 24-25 since we report only the ITC that belongs to FY 24-25.

[@SIYAAKSH]

Hi sir please make a vidio on table 6 split over transaction

[@Goyalrajneesh123]

If we pay & claim reverse charge of ft 23-24 in fy 24-25 monthly return. So what is the adjustment in GSTR -9.

[@amitgurav4604]

Hello sir,Can we use ITC while making payment of additional tax liability through DRC 03

[@dineshkumawat1155]

How to fill table 6,pls make video

[@nitinmenghrajani8558]

Sir, mar 24 ITC claimed in gst3b but the supplier has filed R1 after the due date. Now there is a difference in table 8 d. What should I do now in gst 9

[@rmksj7561]

Hi sir i have a doubt regarding GST registration if a commission agent dealing with agricultural products like paddy,wheat etc, all the sale proceeds go through the agent bank account which crosses 40 lakhs does he/she have to obtain gst regsitration even though it is not his/her sale proceeds

[@darshankoranga8647]

Sir, table 6 me se 22-23 ka itc remove karne ke baad. Table 7J me net itc consol GSTR-3B se mismatch karega. Uska kya karenge ?

[@FinTaxPro]

3B se nahi book de match hoga wo to 9C m

[@SANTOSHGUPTA-uo9yf]

Advisory of CBIC DT 10.12.2024 Sl No 3 : invoice belongs to FY 2023-24 But goods not received in FY 2023-24 : Advisory is against of sec 16(2)

[@renjithsnair9804]

Sir, ITC Claimed in FY 22-23 and reversed due to 180 days condition in FY 23-24 and reclaimed in 23-24, How to report that ?

[@KishoreKumar-cw7yd]

Namskar Sir ji Sir ji June month ka bill hai es ki value 50000 se jayda ka goods tha, liken hum se e-way bill nahi bana aur GSTR-1 return file hu gaya hai, es situation hame kaya karna hai, Please hame guide kare Sir

[@padmanabha-re8ws]

Sir, there came a situation where the supplier has filed the invoice in JAN 24 and we have shown the ITC in other reversals in GSTR-3B. We have reclaimed that ITC in APR 24 GSTR-3B. Now if i follow Point 2 of GST Advisiory and do not report in Table 8C and Table 13 then there will be mismatch in ITC between GST records and Books of accounts when i file GSTR-9C. What should i do now? Where should report that ITC that is reclaimed in order to match with the books of accounts?

[@shalinivarthvani]

No need... U can explain that difference in 9c... In 9c u have an option to mention comment there u can mention the reason for difference

[@rajeevshukla1117]

Thanks a lot sir

[@writer3846]

Itc wrongly claimed reversed through drc03 how to report in gstr 9

[@shalinivarthvani]

Can't be reported in 9... But in 9c u can mention.... Write that point in 9c in ITC table

[@writer3846]

@@shalinivarthvani thank you

[@SANTOSHGUPTA-uo9yf]

Advisory of CBIC DT 10.12.2024 Sl No 3:Invoice belongs to FY 2023-24 but goods notreceived in 23-24 therefore ITC is claimed inTable 4A5 of GSTR 3B and reversed in Table4B2 as per the guidelines of Circular 170 andsuch ITC reclaimed in next FY 2024-25 till thespecified time period. How to report suchtransaction in the GSTR 9 of FY 23-24? Advisory : Taxpayer shall report such reclaimed ITC in the Table 8C and Table 13 as this is the ITC of FY2023-24. Is this advisory not against the principal of Sec 16(2) ITC Conditions ,in my view we should show this amount in FY 2024-25 under table 6H. What is your view

[@nehadadhwal1908]

🙏🙏🙏

[@jitendranahata7393]

Point 3 is hilarious

[@FinTaxPro]

whole GSTR 9 is waste

[@NileshParmar-m1m]

Sir, I have doubt regarding point no. 2 & 3 of the advisory, as both the scenarios are same i.e claim & reverse in FY 2023-24 & Reclaim in FY 2024-25 except the reason for reversal so, why the reporting in GSTR 9 adviced differently in both the cases?? Or I misunderstood the topics? Can you guide me to understand.

[@FinTaxPro]

Point 3 is not about reclaiming. ITC can’t claim until we received the goods.

[@NileshParmar-m1m]

Ok, So If I received the goods in FY 2024-25 Whether I have to report it in table 6H of GSTR 9 for FY 2024-25 or not?

[@vinodhkumar1490]

Sir… FY 2023-24 ITC REFLECTED IN GSTR2B of 2024-25 but claimed in GSTR-3B of 2023-24. How to report this ? Pls explain Sir

[@FinTaxPro]

Remove it from table 6B Also note you can’t claim ITC in advance.

[@ravibucha6728]

Sir, GTA RCM invoiced in March '24 but the transporter filed it after the due date. So, it came in 2B of April'24. We paid the liability in April'24 and also availed the ITC in April '24. Do we have to show the RCM ITC in GSTR 9 and if yes, in which table. Regards.