GST law was supposed to Simply the Indirect Tax Practice & Compliance thereof. But the same seems to be nightmare. Annual GSTR 9 format introduced by GST Authorities has lot of complications being faced by Taxpayers & Tax Professionals. Government has recently given clarification on some issues, but a lot of clarifications are still awaited. Government in its Initial statement defined GST as Good & Simple Tax. But the same seems to be a very much complicated.
GST annual return filing is mandatory for all entities having GST registration, irrespective of turnover during the financial year. Hence, even businesses that have obtained GST registration and having even NIL turnover must file annual return. GST registration holder who has obtained the registration anytime before 1st April 2018 are required to file GST annual return for the financial year 2017-18 on or before 30th June 2019 in form GSTR 9. Thus all the registered entities has to file the same in the next Few Days only, after Due Date being extended for a very long span of Time.
When it comes to Tax Compliance, First question comes to mind of every Taxpayer that eligible ITC need to be availed in proper manner & should not be lapsed. Reporting of ITC in incorrect manner may bring hardship to Taxpayer. Few Issues being faced in general have been compiled & suggested Solutions & manner of reporting thereof has been discussed in this article.
There are 3 sets of Records available with registered entity :
1) Bills / Books of Accounts
2) GSTR 3B
3) GSTR 2A
There may be mismatch in the figures of ITC between these records & the same may consists of following:
Case 1 : No Mismatch
|
Purchase Bill No. |
BILLS : 2017-18 |
GSTR 3B : 2017-18 |
GSTR 2A : 2017-18 |
||||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
|
1 |
- |
5 |
5 |
- |
5 |
5 |
- |
5 |
5 |
Presentation in GSTR-9
|
GSTR 9 - Point 6B |
||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
- |
5 |
5 |
Case 2 : Non Reporting of ITC in GSTR 2A
Bill not in GSTR 2A due to any reason like :
2) Counter-Party filed GSTR 1 with our Bill shown in B2C
3) Counter-Party filed GSTR 1 with our Bill shown with GSTN of other party
4) In GSTR 1 Counter Party wrongly clicked Composition tick on our Bill
5) Counter-Party filed GSTR 1 without our Bill etc.
|
Purchase Bill No. |
BILLS : 2017-18 |
GSTR 3B : 2017-18 |
GSTR 2A : 2017-18 |
||||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
|
2 |
20 |
- |
- |
20 |
- |
- |
- |
- |
- |
Presentation in GSTR-9
|
GSTR 9 - Point 6B |
||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
20 |
- |
- |
Case 3 : Reporting of ITC in GSTR 3B in next month within 2017-18
|
Purchase Bill No. |
BILLS : 2017-18 |
GSTR 3B : 2017-18 |
GSTR 2A : 2017-18 |
||||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
|
3 |
- |
15 |
15 |
- |
15** |
15** |
- |
15 |
15 |
**Bill not in correct month in GSTR 3B in FY 2017-18, But shown next month in FY 2017-18
Presentation in GSTR-9
|
GSTR 9 - Point 6B |
||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
- |
15 |
15 |
Case 4 : Reporting of ITC for 2017-18 in GSTR 3B in next year i.e. 2018-19
|
Purchase Bill No. |
BILLS : 2017-18 |
GSTR 3B : 2017-18 |
GSTR 2A : 2017-18 |
||||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
|
4 |
- |
20 |
20 |
- |
- |
- |
- |
20 |
20 |
Presentation in GSTR-9
|
GSTR 9 - Point 6B |
GSTR 9 - Point 8C & 13 |
||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
- |
- |
- |
- |
20 |
20 |
Case 5 : Non-Reporting of ITC for 2017-18 in GSTR 3B till 31.03.2019 i.e. ITC Lapsed
|
Purchase Bill No. |
BILLS : 2017-18 |
GSTR 3B : 2017-18 |
GSTR 2A : 2017-18 |
||||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
|
5 |
- |
25 |
25 |
- |
- |
- |
- |
25 |
25 |
Presentation in GSTR-9
|
GSTR 9 - Point 6B |
GSTR 9 - Point 8E |
||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
- |
- |
- |
- |
25 |
25 |
Case 6 : Excess-Reporting of ITC for 2017-18 in GSTR 3B (Rectified Same Year)
|
Purchase Bill No. |
BILLS : 2017-18 |
GSTR 3B : 2017-18 |
GSTR 2A : 2017-18 |
||||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
|
6 |
- |
- |
- |
-** |
- |
- |
- |
- |
- |
** Wrongly Claimed Rs.60 ITC in July-17 GSTR-3B and Reversed the same in Sept-17 in GSTR 3B. Consequent effect in FY 2017-18 being Zero.
Presentation in GSTR-9
|
GSTR 9 - Point 6B |
||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
- |
- |
- |
Case 7 : Excess-Reporting of ITC for 2017-18 in GSTR 3B (Rectified in FY 2018-19)
|
Purchase Bill No. |
BILLS : 2017-18 |
GSTR 3B : 2017-18 |
GSTR 2A : 2017-18 |
||||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
|
7 |
- |
- |
- |
70 |
- |
- |
- |
- |
- |
Presentation in GSTR-9
|
GSTR 9 - Point 6B |
GSTR 9 – Table 12 |
||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
- |
- |
- |
70 |
- |
- |
Case 8 : Excess-Reporting of ITC for 2017-18 in GSTR 3B (Not rectified till 31.03.19)
|
Purchase Bill No. |
BILLS : 2017-18 |
GSTR 3B : 2017-18 |
GSTR 2A : 2017-18 |
||||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
|
8 |
- |
- |
- |
80 |
- |
- |
- |
- |
- |
Presentation in GSTR-9
|
GSTR 9 - Point 6B |
GSTR 9 – Table 12 |
||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
- |
- |
- |
- |
- |
- |
Note: There is no actual Bill but ITC was wrongly availed in GSTR 3B. Hence need to pay now Rs.80 in DRC 03 with Interest.
Case 9 : Reporting of ITC for 2017-18 in GSTR 3B in next year i.e. 2018-19 (Bill not in GSTR 2A)
|
Purchase Bill No. |
BILLS : 2017-18 |
GSTR 3B : 2017-18 |
GSTR 2A : 2017-18 |
||||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
|
9 |
- |
45 |
45 |
- |
- |
- |
- |
- |
- |
Presentation in GSTR-9
|
GSTR 9 - Point 6B |
GSTR 9 - Point 8C & 13 |
||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
- |
- |
- |
- |
45 |
45 |
Case 10 : Non-reporting of ITC for 2017-18 in GSTR 3B till 31.03.2019 i.e. ITC Lapsed (Bill not in GSTR 2A)
|
Purchase Bill No. |
BILLS : 2017-18 |
GSTR 3B : 2017-18 |
GSTR 2A : 2017-18 |
||||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
|
10 |
- |
50 |
50 |
- |
- |
- |
- |
- |
- |
Presentation in GSTR-9
|
GSTR 9 - Point 6B |
GSTR 9 - Point 8E |
||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
- |
- |
- |
- |
50 |
50 |
Case 11 : Excess ITC not related to our company, wrongly shown by Counter Party in GSTR 2A
|
Purchase Bill No. |
BILLS : 2017-18 |
GSTR 3B : 2017-18 |
GSTR 2A : 2017-18 |
||||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
|
11 |
- |
- |
- |
- |
- |
- |
110 |
- |
- |
Presentation in GSTR-9
|
GSTR 9 - Point 6B |
GSTR 9 - Point 8F |
||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
- |
- |
- |
110 |
- |
- |
Case 12 : ITC is ineligible / blocked credit u/s. 17(5) in GSTR 2A
|
Purchase Bill No. |
BILLS : 2017-18 |
GSTR 3B : 2017-18 |
GSTR 2A : 2017-18 |
||||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
|
12 |
120 |
- |
- |
- |
- |
- |
120 |
- |
- |
Presentation in GSTR-9
|
GSTR 9 - Point 6B |
GSTR 9 - Point 8F |
||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
- |
- |
- |
120 |
- |
- |
Case 13 : CGST - SGST wrongly shown as IGST in GSTR 3B, not rectified upto 31.03.19
i.e. Correct ITC lapsed & Wrong ITC availed not rectified
|
Purchase Bill No. |
BILLS : 2017-18 |
GSTR 3B : 2017-18 |
GSTR 2A : 2017-18 |
||||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
|
13 |
- |
65 |
65 |
130 |
- |
- |
- |
65 |
65 |
Presentation in GSTR-9
|
GSTR 9 - Point 6B |
GSTR 9 - Point 8E |
||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
- |
- |
- |
- |
65 |
65 |
IGST Rs.130 i.e. wrong availment of ITC to be deposited in DRC 03
Case 14 : CGST - SGST wrongly shown as IGST in GSTR 3B, but rectified upto 31.03.18
|
Purchase Bill No. |
BILLS : 2017-18 |
GSTR 3B : 2017-18 |
GSTR 2A : 2017-18 |
||||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
|
14 |
- |
70 |
70 |
-** |
70 |
70 |
- |
70 |
70 |
** Rs. 140 IGST Credit wrongly availed in July-17 but reversed in Dec-18, hence effect in 3B comes to Zero.
Presentation in GSTR-9
|
GSTR 9 - Point 6B |
GSTR 9 - Point 8E |
||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
- |
70 |
70 |
- |
- |
- |
Case 15 : CGST - SGST wrongly shown as IGST in GSTR 3B, but rectified in FY 2018-19
|
Purchase Bill No. |
BILLS : 2017-18 |
GSTR 3B : 2017-18 |
GSTR 2A : 2017-18 |
||||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
|
15 |
- |
75 |
75 |
150 |
- |
- |
- |
75 |
75 |
Presentation in GSTR-9
|
GSTR 9 - Point 6B |
GSTR 9 - Point 8C & Table 13 |
GSTR 9 -Table 12 |
||||||
|
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
|
- |
- |
- |
- |
75 |
75 |
150 |
- |
- |
|
Information extracted for GSTR 9 from above Tables |
||||
|
Table |
IGST (Rs.) |
CGST (Rs.) |
SGST (Rs.) |
Value derived from |
|
6A - ITC of 3B |
450 |
90 |
90 |
Auto Populate from GSTR 3B |
|
6B - Correct ITC of 3B |
20 |
90 |
90 |
|
|
6J (Auto Difference) |
430 |
0 |
0 |
Table of Question 70+80+130+150 (Bill 7 + 8 + 13 +15) - ITC wrongly availed in 3B |
|
|
|
|
|
|
|
8A - ITC of 2A |
230 |
275 |
275 |
Auto Populate from GSTR 2A |
|
8B - Correct ITC of 3B |
20 |
90 |
90 |
Auto fetch from 6B |
|
8C – ITC of 17-18 claimed in 18-19 |
0 |
140 |
140 |
|
|
8D – Difference |
210 |
45 |
45 |
Auto fetch (Reason is 8E+8F + Difference of 8D-8E-8F) |
|
|
|
|
|
|
|
8E - ITC not availed |
0 |
140 |
140 |
Rs. 25+50+65 (Bill 5,10 & 13) |
|
8F- ITC not eligible |
230 |
0 |
0 |
Rs. 110+120 (Bill 11 & 12) |
|
8D Minus 8E Minus 8F i.e. Not in GSTR 2A |
-20 |
-95 |
-95 |
IGST Rs.20 Bill No.2 and CGST/SGST Rs.45+50 Bill 9 & Bill 10 not in GSTR 2A |
|
Table 12 – ITC Reversed in FY 2018-19 |
220 |
0 |
0 |
IGST Rs.70+150 (Bill 7 & 15) |
|
Table 13 – ITC Claimed in FY 2018-19 |
0 |
140 |
140 |
Equals to Table 8C |
|
ITC as per Bills |
20 |
370 |
370 |
8B + 8C + 8E |
|
Payment to be done for Un-rectified ITC availment (DRC 03) |
210 |
0 |
0 |
Rs.80 Bill No. 8 + Rs. 130 Bill No.13 |
Please refer all the relevant section, rules, notifications and amendments as applicable. The Author is not responsible for any losses incurred. Content is merely for sharing knowledge & Educational Purpose only.
The author can also be reached at casagargambhir@gmail.com
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