Question ID :
40966
GSTR9 and GSTR9C
ITC of 2017-18 was taken in GSTR3B of FY 2018-19. However the same was missed to be reported in GSTR9 and GSTR9C of 2017-18.
Query : So while preparing GSTR9 and GSTR9C of 2018-19 , should the ITC of 2017-18 taken in 2018-19 allowed or not ?
Posted by
samirkumar gokulbhai kasvala
on
Feb 08, 2021
Filed Under
GST
Allowed if taken within due date of September 3b
Posted by
CA JEET REWRI on
Feb 14, 2021
Answer ID :
80918
ITC pertain to previous years should not be reflected anywhere in the GSTR-9 of the current year. As per the press release issued by CBIC also dated 09/10.2020, taxpayers are required to report only the values pertaining to Financial Year 2018-19, and the values pertaining to Financial Year 2017-18 which may have already been reported or adjusted are to be ignored.
Posted by
CA Mohit Singhal on
Feb 21, 2021