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TMI BlogClaim of ITC after filing of annual accountsX X X X Extracts X X X X X X X X Extracts X X X X ..... Claim of ITC after filing of annual accounts X X X X Extracts X X X X X X X X Extracts X X X X ..... voice value as Expense) neither in GSTR-3B. Therefore, they claimed ITC on these invoices in Sep 2018 in GSTR-3B and also booked ITC in books (by reversing expense by way of Prior period item in Sep 2018). Now: 1. If we disclose the said ITC in GSTR-9 of FY 2017-18 as ITC of FY 2017-18 claimed in Apr-Sep 2018, then it creates un-reconciled difference in GSTR-9C of FY 2017-18 as it has not been ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... claimed in books and therefore creates tax demand in GSTR-9C. 2. However, instead if ITC is claimed in GSTR-9 of FY 2018-19, then it does not create any difference as ITC has been claimed in both Books and 3B in FY 2018-19. In this case, is such claim of ITC of FY 2017-18 in FY 2018-19 incorrect or bad in law? Please express your kind views on the same. Reply By Atul Rathod: The Reply: Hi, Di ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sclose only in table 8 of GSTR-9. No where you need to disclose in GSTR-9C. 1. Say ₹ 100 has been claimed in BOA for 2017-18 whereas in returns for the period 2017-18 you have claimed 100 & 10 in Sep'18 return (in total for 2017-18-110) 2.₹ 100/- need to be disclosed in table 6 and ₹ 10 in table 8 of GSTR-9. 3. ₹ 100/- in table 12 of GSTR 9C & 10 would not appea anyw ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... here.
4. Further table 13 of GSTR-9C picks the figure of annual return from table 7J which is total of table 6 & 7 of GSTR-9 but does not take effect of table 8.
5. Thereby it would not show any unreconciled item. Hope its clear. X X X X Extracts X X X X X X X X Extracts X X X X
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