Question

For GST Annual return
1. HSN summary for outward supplies and HSN summary for inward supplies, whether this details are mandatory to be feeded in Annual Return and suppose if these details are not provided than what are the consequences.
2. In GSTR 9 ITC as per 2A is updated till Feb 2019, how to claim ITC of March 2019 ?
3. If credit is taken wrongly under the head `ITC from ISD` due to mistake instead of `ITC from Others` . Can we change the same and if changed whether any consequences?

Answer

Point wise reply to your query is as follows:

1. As per the instructions of Table 17/18 of GSTR-9:
Summary of supplies effected and received against a particular HSN code to be reported only in this table. It will be optional for taxpayers having annual turnover upto Rs. 1.50 Cr.
It may be noted that HSN summary details of inward supplies are required to be declared only for those inward supplies which in value independently account for 10 % or more of the total value of inward supplies.

In view of the above it is mandatory to provide HSN wise summary of inward and outward supplies if turnover exceeds Rs 1.5 Cr otherwise it will be considered as suppression of facts 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."

2. Now GST Portal has updated data of GSTR-2A appearing in Table 8A upto March 2019 return i.e. 30-04-2019.

3. Table 6A of GSTR-9 auto populated the sum total of table 4A of GSTR-3B which includes ITC taken as ITC from ISD. In this you can re classify this in Correct head(6B to 6H) (Reply dt.31/05/2019)