Suppose if ITC related to the FY 2018-19 has been claimed in GSTR 3B of FY 2019-20 within the time period (September 2019). Now shall we declare the same in GSTR 9 for the FY 2019-20 under table 13 or Not? (TABLE 13 - ITC availed for the previous financial year). because in the GSTR 9 preview of Table 10.11,12, & 13 mentioned as -"PARTICULARS OF THE TRANSACTIONS FOR THE FINANCIAL YEAR DECLARED IN RETURNS OF THE NEXT FINANCIAL YEAR TILL THE SPECIFIED PERIOD". Here TRANSACTION FOR THE FINANCIAL YEAR - means 2018-19 or 2019-20? If it's FY 2019-20 we can't show ITC of 2018-19 claimed in 2019-20 in GSTR 9 right ? then ITC availed and Kindly clarify.
09 July 2024
To accurately declare ITC related to the previous financial year (FY 2018-19) that was claimed in GSTR-3B of the next financial year (FY 2019-20) within the specified period (up to the return of September 2019), you need to understand the correct reporting in GSTR-9.
### Reporting ITC in GSTR-9:
#### Table 13: - **Table 13**: "ITC availed for the previous financial year" - This table captures the ITC availed during the next financial year (up to the September return or the due date for filing of annual return of the previous financial year, whichever is earlier) for invoices pertaining to the previous financial year.
Since you are referring to ITC related to FY 2018-19 that was claimed in FY 2019-20 (before the due date of filing for September 2019), it should be reported in **Table 13** of GSTR-9 for FY 2019-20.
### Key Points: - **Table 13** is designed to report ITC for invoices of the previous financial year (2018-19) claimed in the next financial year (2019-20). - **Transaction for the financial year** means transactions that belong to FY 2018-19 but were declared/claimed in FY 2019-20 within the specified period.
### Example:
- **ITC related to FY 2018-19**: ₹X - **Claimed in GSTR-3B of FY 2019-20**: By the return of September 2019
This ITC should be reported in **Table 13** of GSTR-9 for FY 2019-20.
### Conclusion: In GSTR-9 for FY 2019-20: - Report the ITC related to FY 2018-19 that was claimed in FY 2019-20 under **Table 13**. - Ensure that the claimed ITC falls within the permissible period (up to the return of September 2019).
### Clarification: - **Transaction for the financial year** means transactions related to FY 2018-19. - You should report the ITC related to FY 2018-19, claimed in FY 2019-20, in Table 13 of GSTR-9 for FY 2019-20.
By following this approach, you will ensure compliance with GST regulations and accurate reporting of your ITC. Always double-check with your GST consultant or Chartered Accountant to ensure that your filing is correct.
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