Reporting of Ineligibe ITC wrongly claimed in P.Y.17-18 in GSTR-9, Goods and Services Tax - GST

[NISHANT SHAH]

Dear Experts,

My firm had wrongly claimed ITC on Factory Building for F.Y.17-18 & 18-19 by ₹ 150000 & ₹ 300000 respectively. Now, Entire ITC reversed in Books of account as on 31.01.19( i.e, in F.Y.18-19) of both the year as soon as we come to know that it is block credit u/s 17(5) and in portal, we made its reversal through DRC-03 from E-Credit Ledger in 01.10.20(i.e, in F.Y.19-20) since we had sufficient credit balance lying in e-credit ledger account.

Now, following question arise.

How to report these wrongly claimed credit in GSTR-9 Whether in Table-7H( Other Reversal)

or at any other place?

Please help me with proper guidance about how to report in GSTR-9/9C..

Posts / Replies

[Alkesh Jani]

Sir,

Yes, you can show the figures at Table 7H. For the period 2017-18 and 2018-19, you have the option to show the consolidated ITC reversed at Table 7H.

Thanks

[NISHANT SHAH]

Sir, any effect on GSTR-9C since if I will do reversal in that 7H, difference in ITC would come and reco of same to re reported in GSTR-9C (unreconciled itc)??