Question06:
Query regarding filing of GSTR-9 return are as follows:

1) Is it compulsory to mention the details of Ineligible credit in GSTR-9 Return ?
2) Invoices of previous year i.e.2017-18 i.e. invoice issued by supplier in the month of feb-18 or march-18, but the material physically received in 2018-19 and credit also taken in 2018-19.
3)Excess ITC paid in previous year 2017-18 and ITC Reclaimed in the year 2018-19(march-18)

Kindly Guide for the above said transactions.

Answer:

Point wise Reply is as follows:

1. As per the explanation to section 74 reproduced below:
''For the purposes of this Act, the expression 'suppression' shall mean non-declaration of facts or information which a taxable person is required to declare in the return, statement, report or any other document furnished under this Act or the rules made thereunder, or failure to furnish any information on being asked for, in writing, by the proper officer.
in view of the above you are required to show Ineligible credit relating to FY 17-18 in GSTR-9. Further the same will be reconciled by the Auditor in GSTR-9C.

2. As per section 16 you are eligible for credit in FY 18-19, so this ITC is related to FY 18-19, therefore no need to disclose the same in GSTR-9 of FY 17-18.

3. ITC wrongly claimed in 17-18 but corrected in 18-19 (either claimed or reversed) should be shown in Table 12/13 of GSTR-9.

(Reply dt.14/05/2019)