GTSR 9 Both the Table 8C & 13 meant for " ITC on inward supplies (other than imports and inward supplies liable to reverse charge but includes services received from SEZs) received during the financial year 2019-20 but availed in the next financial year up-to specified period"
But where is the provision to show the figure of ITC pertaining to FY 2018-19 but availed in FY 2019-20 up-to specified period ? This situation might arise when supplier bill date is end of March '19 (FY 2018-19) but material received in April '19 thereby becomes eligible for availing ITC only in April '20 (FY 2019-20).
In the absence of this input in GSTR 9, Table 8D shows a negative balance which is unfair.
How to solve this problem?
CAclubindia
