If you have already reversed in the 3B then there is no need to reverse in 9 again. It will pick up automatically.
It's reversal in annual return
I wrongly took itc credit in 2017-18 but reverse it in gstr3b (oiher reversal) next month in 2017-18.but in gstr9 if I put it in table7 , then table 8.(d) fig show negative. If I bifurcate table 6 inward supply fig minus reversal then net itc available for utilisation is less than actual fig.my question is what is the correct treatment of itc reversal table wise in gstr9.whether in this case table8(d) fig could show negative.please clarify it
Asked 4 years ago in GST
Hi,
Show ITC claim in table 6 and ITC reversal in table 7.
Yes, the difference would be negative in table 8(d). This would be justified by reversal in table 7.
Dear Sir,
you need to show the ITC claim in table 6 and reverse the ITC in table 7.
However, there would be negative difference in table 8 but it can be justified by table 7.
Hello,
ITC reversed(Other) would be declared under Pt. III S.No. 7H and the same would be justified by difference under Pt. III S.No. 8D.
I hope this answer satisfies your requirement.
Regards,
CA Hunny Badlani
Hello Sir,
Yes, it will show negative but there is no need to worry.
It will be automatically justified.
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