Question ID :
44765
GSTR 9
An invoice was wrongly reported by the party in GSTR-1 of March 2024. As a result, in my GSTR 2B for March 2024 this extra invoice was featuring. In line with Circular 170 reporting, I availed the credit and simultaneously reversed it in table 4(B)(2) so that the credit is not coming in my GSTR 3B. Subsequently, the invoice was amended in April 2024. In GSTR 3B of April 24, I reclaimed the credit earlier reversed and the amendment done by counterparty ensured that net effect on ITC became NIL. Now how to disclose the claim and reversal of this extra invoice in GSTR 9 for FY 23-24 & FY 24-25
Posted by
RAHUL PARASRAMPURIA
on
Dec 24, 2024
Filed Under
GST
In FY 23-24 2B will be higher. U can just normally show in input and reversals. In FY 24-25 show in Reclaimed column and then reversal.
Posted by
VINAY BHARGAV KUMAR G on
Dec 26, 2024