GSTN issued Advisory on Difference in Value of Table 8A and 8C of Annual Returns FY 23-24

The Goods and Services Tax Network (GSTN) has issued an advisory on the difference in value of Tables 8A and 8C of Annual Returns FY 23-24.

As per the Notification No. 12/2024 Central Tax dated 10th July 2024 read with Notification No. 20/2024-Central Tax dated 8th October 2024, for FY 2023-24 onwards, the total credit available for inwards supplies shall be auto-populated in the table 8A of Form GSTR 9 from GSTR-2B of FY 23-24.

Furthermore, in table 8C of Form GSTR-9, the total value of ITC on inward supplies received during the FY but availed in the next FY up to the prescribed period must be manually entered.

Several tickets have been received, with concerns highlighted about a potential inconsistency between the values of tables 8A and 8C of Form GSTR-9 for FY 23-24. It is worth noting that values in table 8A of Form GSTR-9 were auto-populated from GSTR-2A for FY 22-23, but they are now auto-populated from GSTR-2B for FY 23-24.

As a result, in Form GSTR-9 for FY 23-24, values in Table 8A will be inflated in respect of FY 22-23 while values in Table 8C will be lower than expected in respect of FY 23-24, resulting in a mismatch between the two tables, 8A and 8C.

Few scenarios in this regard are advised hereunder. The issue and what should be reported in GSTR 9 against these issues are given below.

Invoice having the date of FY 23-24 but the supplier has reported in the GSTR 1 after the due date of March’24. As a result, this amount is not auto populated in the Table 8A of GSTR 9 for FY 2023-24 because it is the part of next years GSTR 2B. How to report such transaction in the GSTR 9 of FY 23-24?

Taxpayer shall report such ITC in Table 8C and in Table 13 as this is the ITC of FY 2023-24. This is in line with the instructions to the Table 8C and Table 13 of GSTR 9.

Invoice belongs to FY 23-24 and ITC has been claimed in FY 23-24. Due to payment not made to supplier within 180 days, ITC was reversed in 23-24 as per the second proviso to section 16(2) and this ITC is reclaimed in next Year FY 2024-25, after making the payment to supplier. How to report such transaction in the GSTR 9 of FY 23-24?

This reclaimed ITC shall be reported in Table 6H of GSTR 9 for FY 24-25, hence not in Table 8C and Table 13 of GSTR 9 of FY 2023-24. This is in line with the Instruction to Table 13 given in the Notified Form GSTR 9. Similar reporting is applicable for the ITC reclaimed as per Rule 37A.

Invoice belongs to FY 2023-24 but goods not received in 23-24 therefore ITC is claimed in Table 4A5 of GSTR 3B and reversed in Table 4B2 as per the guidelines of Circular 170 and such ITC reclaimed in next FY 2024-25 till the specified time period. How to report such transaction in the GSTR 9 of FY 23-24?

Taxpayer shall report such reclaimed ITC in Table 8C and Table 13, as this is the ITC of FY 2023-24.

Invoice belongs to FY 22-23, which is appearing in Table 8A of GSTR 9 of FY 23-24 , as the supplier would have reported the same in GSTR 1 after the due date of filing of GSTR-1 for the tax period of March 23. How to report such a transaction in the GSTR 9 of FY 23-24?

This is the ITC of last year (2022-23) and was auto populated in table 8A of GSTR-9 of FY 22-23. Hence, the aforesaid value need not be reported in Table 8C and Table 13 of GSTR-9 for FY 23-24. This is in line with the instruction no. 2A given for the notified form GSTR 9, which states that Table 4, 5, 6, and Table 7 should have the details of the current FY only.

Where to report the reclaim of ITC for an Invoice which belongs to FY 2023-24, and which is claimed, reversed and reclaimed in the same year?

As already clarified by the CBIC press release on 3rd July 2019 in the para k, it may be noted that the label in Table 6H clearly states that information declared in Table 6H is exclusive of Table 6B. Therefore, information of such input tax credit is to be declared in one of the rows only.

Further, as the claim and reclaim are reported only in one row, therefore the same should not be reported in the reversal under Table 7 of GSTR 9 of FY 23-24.