Question23:
We are having some of the following queries regarding GSTR-9
1.How to bifurcate if wrong ITC availed in GSTR 3B( in table 6). How can we show
wrong ITC availed (but not in books) as Input/Capital Goods/ Input Services.
2.What will be done if ITC is less in GST 2A in comparison of GSTR-3B (table 8)
Whether the excess ITC is to be reversed or not.
3. Please explain table no.14 of GSTR 9( i.e, Differential tax paid)
how would be tax paid on point no 11
4.What kind of supply will be shown in Deemed supply under Sec 143(table
16(A)).What does it mean.
Answer:
Point wise
reply are as follows:-
1. ITC claimed wrongly in GSTR-3B and auto populated in Table 6A is to be
bifurcated wrongly. Suppose in Table 6A ITC availed is Rs 100000 instead of
10000 and the excess is reversed during the Financial year, then if we
distribute the correct ITC of 10000 in table 6 and show the reversal of 90000 in
Table 7 then in Table 7J Net ITC available for utilization will show wrong
figure by considering reversal twice.
The Format of GSTR-9 was framed on the basis of GSTR-2 in which credit was
availed on the basis of purchase invoice shown in this returns and in that case
there were no chances of such kind of clerical error.
Thus we are not left with any option other than to distribute wrongly in
input/IS/CG and then reversed the same in Table 7.
2. If ITC is less reflecting in 2A then there is no need to reverse the same if
it claimed upto September 2018 but suggested to maintain backup of valid
documents to prove that you have received the goods and you are eligible for
credit u/s 16 of CGST Act during Audit or further proceedings.
However if the same is claimed after September, 18 till March, 19 then as per
Section 16 amended proviso ITC can be claimed subject to the condition that it
will be eligible only if it is reflecting in 2A.
3. Table 14 discloses net tax payable as disclosed in Table 10+11 and paid in
GSTR-3B of FY 18-19.
4. If the goods sent to Job worker are not returned with in specified time limit
(i.e. 1year/3Year) then it is Deemed supply as per Section 143 and to be shown
in table 16B.
(Reply dt.21/05/2019)